Government to introduce measures to fight money laundering and terrorism

Peters

The Government of Dominica says it will soon introduce measures to fight money laundering and terrorism.

Attorney General Levi Peters told the just concluded House of Assembly that these are among several pieces of legislation which will go before parliament in the next two months.

He said Dominica continues to maintain its membership and status in the Caribbean Financial Action Task Force and government is fully engaged in maintaining island’s positive status within that regime. He further stated this was demonstrated by the passage of legislation and the soon to be tabled Money Laundering Prevention Act and others.

He said in addition Dominica has seen the passage of several pieces of legislation in the past year.

“It is anticipated that in the coming months, several further pieces of legislation will be brought to the nation and this house and this will include a Bail Act and an Evidence Act,” he said.

Peters said government will also seek to bring a Youth Justice Legislation Bill to the table, which will seek to address young offenders.

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16 Comments

  1. truth
    July 6, 2011

    so are they seeking th truth now? thought the truth was no business of government.

    so lets hope we find out how the money gets around to build vilas and how lpos get to friends and supporters

  2. labour always
    July 5, 2011

    go go go labour always

  3. Lavie Dominique!
    July 5, 2011

    Hahahahahahaha! They do not have to fight it, they just have to stop it!! Just don’t do it!!! Hahahahahahaha! Oh Boy Dominica Government!

  4. Truth,Justice,Peace
    July 5, 2011

    Money laundering: saving exorbitant sums of money in financial institutions. This is grounds for suspicion. In many cases the money is derived from illegal means as marketing in illegal drugs, buying and selling. Also money obtained from the proceeds of crimes/murders, saving it in financial institutions and then transferring it worldwide, from one financial institution to another, country to country and to other people who are involved in promoting crimes and performing acts of crimes.
    This is what money laundering is all about.
    Financial institutions should be suspicious of those who save exorbitant sums of money and enquire how they obtained said sums. They must show proof of how they obtained this money to verify that it is legitimate money, obtained through legal means.
    This is where the Act comes in. May the government be serious about implementing this Act, be it a revised ones and take steps accordingly to punish the perpetrators and cease such monies and properties which are obtained through the avails of crime and through money laundering. I am all for it.

  5. Anonymous
    July 5, 2011

    I am reaaaaly confused because as far as I am aware we have had a Money Laundering Prevention Act for many many years now ????? AG did you mean an amendment ? Please clarify.

  6. On the side
    July 5, 2011

    SO is that why the woman from the telecommunications company that was recently caught with hundreds of thousands of dollars got away scot free…no laws? Stupes

  7. GUARDS
    July 5, 2011

    WHO WILL GUARD THE GUARDS?

  8. Pastor Adultery
    July 5, 2011

    All you look joke. Money laundering is the next craze. Does the firing of the bank people ring a bell? And the material donation from a certain ministry to a certain person raise eye brows? It is alleged that the wife of that certain person was fired on the basis of money laundering. Guess who was a former employer of the same bank- think Xmas day fire.

    The lips of the righteous teaches many
    But fools die for want of wisdom/understanding
    The rich man’s wealth is in the city
    Vexation of the soul is vanity

  9. Anonymous
    July 5, 2011

    Mr AG, well well well, you were not around man. Money laundering, we have cases all now they not going anywhere, other launderers say boldly they vote so they will be protected and giving parl reps money and bribes for cover. Sir the police know them, big house, big business that always close, big vehicles, monies on mother, wife and friends name when too unemployed. Mr. AG if in can tell you ask the COPS, hurry up pass the laws i waiting to buy some property from the state when the law past. one on my list is the one in Borne…the wooden castle. MWAHHHHHH

  10. ?
    July 5, 2011

    Mr. Attorney General you were sleeping man? I even forget about you.

  11. chelsea
    July 5, 2011

    WHAT A JOKE…

  12. anon
    July 5, 2011

    and what to address government offenders. you may think u setting a trap for those seeking to escape the one sided justice in Dominica but your own oil will fry u Mr. Peters……before talking about youth offenders talk about the offenders of the people, and those lurking and pulling the strings in our high secret society…please make an attmempt before we have to lose our POLITE SENSIBILITIES and adopt the law of the jungle to pursue true justice in our dominica.

    • anon
      July 5, 2011

      the real terrorists are right above your head..not beneath your feet, the terror you fear is that poor maleweh dominican will stand up for their right and start skinning the perpetrators from the HEAD

  13. Truth, Love Peace
    July 5, 2011

    Really – go solve the GON Emmanuel Xmas day fire and that will lead you hypocrites to money laundering in Dominica.

    • anon
      July 5, 2011

      please make your point clear u are too vague

      • anon
        July 5, 2011

        everything targeting the youth and people that have no power or influence…people seeking to launder money have so much influence.. so much so that they blur the vision of a whole nation of people, thinking that is “mashup” that is the perp. but no people, mashup is just the scapegoat for the bigger crime….it was his time for harvest….if one would follow the papertrail they would realise that he has no real power or influence, so much so that he wasnt even a threat…..but who really is the threat to ourr national security??? good question, who will be brave enough to answer it… who will say where alllllll the money that was confiscated go. lol

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