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Minister of Governance, Raphael Trotman,Lynn Swann Steelers Jersey UK, told the media fraternity yesterday that before President David Granger departed for his trip to Ethiopia last week,Eddie Lacy Packers Jersey UK, he assented to three Bills that were passed by the National Assembly. These are the Former Presidents (Benefits and Other Facilities) Bill; the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) (Amendment) Bill and the Constitutional (Amendment) Bill.As it relates to the AML legislation, Trotman said that the Minister of Legal Affairs,Vic Beasley Jr Falcons Jersey UK, Basil Williams told Cabinet that there are some regulations which accompanied that Act.Trotman said that Government is currently in the process of reviewing them and inviting stakeholders to better chart the way forward in this regard.As for the Former Presidents (Benefits and Other Facilities) legislation, Trotman explained that the Granger administration has no intention of recouping what was already spent.He noted, however,Le Veon Bell Steelers Jersey UK, that Finance Minister,Andre Tippett Patriots Jersey UK, Winston Jordan,Austin Hooper Falcons Jersey UK, will be guided by the current legislation. He said that this simply means that the benefits and other facilities awarded to the former Presidents will be capped.He reminded that under the new laws,Steve Bartkowski Falcons Jersey UK, former Presidents will now be given $25,Pittsburgh Steelers Jersey UK,000 per month to cover bills for each of three utilities; electricity,Greg Lloyd Steelers Jersey UK, water and telephone.The new AML laws will strengthen the government’s capacity to fight money laundering and the financing of terrorism while the Constitutional Legislation will provide various state agencies and other statutory bodies with the power needed to manage their own finances. |
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