Former Attorney General Anil Nandlall on Friday lambasted Government for one of America’s largest banksFormer Attorney General Anil Nandlallsevering ties with local banks and stated that if they do not rectify the deficiencies swiftly, the situation will worsen.With foreign banks, particularly those in the United States cutting relationship with financial institutions in the Caribbean over money laundering concerns, the Bank of America has penned its notice to sever ties with “indigenous banks” in Guyana.On Friday, Nandlall said that when a bank of such magnitude pulls out of a country it will have an impact on that nation, noting that the future between international banks and Guyana does not bode well.“Unless we rectify our deficiencies quickly, the situation will become worse. The government seems incapable of extricating Guyana from the problem they put Guyana in,” he said.Guyana Times was told that the Bank of America sent a notice indicating that it was severing its corresponding relationship with “indigenous banks” in Guyana. The notice was sent about a month ago.This matter was on the agenda for discussion at the 37th Caricom Heads of Government Meeting held in Guyana July 4 to 6, as Caribbean leaders try to tackle the cut-off of regional indigenous banks, referred to as de-risking – a situation that poses ominous costs for the Region, including crushing the wider economy.De-risking is when international banks withdraw from their relationships with indigenous banks because of fears of money laundering and questionable sources of funds which would cause the international banks to receive heavy fines from their regulators.Caribbean banking institutions rely on such relationships in order to allow residents to conduct international financial transactions. However, since last year, the Region has been facing the impact of de-risking and the issue has been occupying the attention of Regional policy-makers, following signals by international banks that they were unwilling to continue carrying the business of regional banks.Nandlall in a statement on Friday stated that during his tenure as Attorney General and Minister with responsibility over Guyana’s AML/CFT compliance regime, he had spent the greater part of three years battling with the Joint Opposition, in vain, to secure their support in the National Assembly to enact changes to our laws to make Guyana compliant with international standards in respect of Guyana’s AML/CFT regime.“We explained at every available opportunity the dangers to which our nation’s financial and commercial sectors will be exposed.We warned of the great volume of background information which will have to be supplied in relation to financial transactions both locally and across borders.We highlighted the unnecessary expenditures which will be incurred to do business across international borders.We emphasised the severance of relations that would take place between banks in other countries and local bank.We predicted that international trade and commerce between local businesses and those across our borders would decline,” he remarked.He noted that although they secured the votes of the diplomatic community, the entire private sector, the labour movement, the religious organisations and almost every civil society organisation of worth the coalition government did not budge.“They refused to budge. They held the nation to ransom. At every meeting their political demands increased. They accused us of creating panic in the country. They claimed that we are crying wolf; that nothing will happen if the Bills are not passed.”He added that in the end the then opposition reduced this deep-seated national issue to that of a “political football”.“They voted down the required AML/CFT Bill twice in the Tenth Parliament. They caused CFATF to issue a series of adverse Public Statements against Guyana, informing the world that Guyana poses a threat to the global financial structures and warned countries to take the necessary steps to protect their financial landscape from the threat posed by Guyana’s financial sector,” he said, highlighting that Caricom and indeed the world took note and implemented countermeasures against Guyana.“It is now a nightmare to transact business with the local banking sectors. Businessmen can relate the ordeal which they endure daily to conduct simple business transactions. As a result, the Financial Action Task Force (FATF) begun a review process of Guyana. Thus, Guyana is stained globally as a country that encourages money laundering and terrorism. A year after assuming the reins of Government, this very Joint Opposition, now in government with a controlling Parliament has been unable to extricate Guyana from the morass in which they have dumped us,” he criticised.He opined that Attorney General Basil Williams appears shockingly clueless on how to propel the nation out of this state of international delinquency: “As if he is on a trial and error mission, he piloted four Bills, thus far, through the National Assembly. Instead of advancing out of the process, we seem to be backsliding. The level of incompetence is remarkable. He still, clumsily, blames the PPP/C administration for the technical deficiencies which afflict our system. A few days ago, he boldly informs the nation that we shall soon exit the review process.”Nandlall questioned how is it possible to exit the review process and at the same time a huge bank, like Bank of America, cutting out.“Someone is lying through their teeth. We continue to reel from the consequences of being an AML/CFT delinquent nation,” he said, adding that he disclosed that FATF’s latest Public Statement on Guyana contradicts the impression conveyed by the Attorney General that the country was exiting the FATF review process.The Caribbean Development Bank (CDB) quoted a November World Bank survey saying that about 75 per cent of international banks have experienced a reduction in correspondent banking services with the Caribbean being the worst affected.
The dialogue on harnessing the latent energy of young people towards a peaceful electoral process continues.Harnessing the latent energy of young people for the peaceful conduct on the next Presidential elections in Liberia is not merely a strategy, but the strategy for the peaceful conduct of the elections. Never again should young people be drawn into violent extremism and elections violence. The time has come for our politicians to harness the latent energy in young people for peace and for young people to unleash their potentials for peace.Latent energy among young people is huge and cannot only be harnessed but could be transformed for sustainable peace, security and development. The youth who has been made obtuse by violence will say he is not conscious of violence. Youths are gifted, creative, and innovative and have time on their side.Harnessing the latent energy of young people is a preventive measure as well as a precursor for sustainable peace. However, most governments, according to the United Nations, spend more resources responding to crises than preventing it. A case in point was the Ebola Epidemic in 2013/14 and the quest for Government to invest in human security.According to UN Secretary-General Antonio Guterres, “Too many prevention opportunities have been lost because Member States mistrusted each other’s motives, and because of concerns over national sovereignty. Such concerns are understandable, in a world where power is unequal and principles have sometimes been applied selectively.” He went on to state, “Prevention is not merely a priority, but the priority. If we live up to our responsibilities, we will save lives, reduce suffering and give hope to millions.” Over the past years, we have observed that when a young person fails in their personal experience, it is always because he/she has never received anything or benefited from adequate human security. The only sign that young people opt for peace is because he/she has been sensitized in peace education and provided with the good things of life. We need to teach young people about self-awareness mediation, and compassion so as to harness their latent energy.When we are unaware of the impact of our negative or disruptive actions as young people, it affects our decision making process. Mediation teaches us to distinguish between useless rumination and constructive anguish. The challenges before us are grave and young people are at the receiving end. In order to harness the latent energy of young people for peace and security issues, we need to address issues of inequality, marginalization, exclusion, corruption, weak institutional support and poor governance. We also need to invest more in the social security of our youth and it is on this basis that we commend the Youth Opportunities Projects supported by the World Bank because of its very strong potential to contribute to peace, security, stability, economic growth and the wellbeing of the country. As part of our contribution to harnessing the latent energy of youths to peace, a sum of L$10,000 would be given monthly to each published article on peace and security issues. Interested youths ages 8-25 can submit their articles to The Liberian Daily Observer in Paynesville or Messengers of Peace-Liberia Inc (MOP) office, 2nd floor of Presbyterian Building on Broad Street, adjacent Lonestar Cell. Contact us via email: firstname.lastname@example.org or +231770125282, +231777661143, +2317770358383. Until next week when we come to you with Part 3 of “Harnessing the latent energy of youth for peaceful elections,” it is peace above all else, peace first, may peace prevail in our time!Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
Ontario Round-Arm Softball T20 cricket…Veteran Canada-based Guyanese softball player Bobby Parasnauth slammed a brilliant, unbeaten 163 for Shawson against Panthers on Sunday when action continued in the 2018 Ontario Round-Arm Softball Cricket Association 20-over competition began.Bobby ParasnauthPlaying at Fieldgate ground in Mississauga, the pugnacious right-handed Parasnauth hit 14 sixes and ten fours as his side piled up a massive 231-2 from the 20-overs. Panthers could respond with only 161 all out in the penultimate over.Parasnauth, who represented Demerara in softball inter-county matches over the past two decades ago, also shared an entertaining 168-run second-wicket stand with Mitch Bacchus, who contributed a cameo 67.Bishram Sancharran was the only batsman to offer any sort of resistance in the Panthers’ reply, with an even half-century. Jerome Choti grabbed two wickets for 21 runs from his four-over spell. He was supported by Arjune Harrichar and Bacchus with two scalps each.Meanwhile, still in the softball arena, former national youth batsman Rovendra Mandolall scored 107 not out for Carr Tec Sports Club to help beat Scarborough Angels the same day in the Ontario Softball Cricket League 20-over tournament.Imran Alli, who represented Sunshine in that competition, strokeed 105, while Ravi Bodo registered a hundred (102) for Restoration Warriors, also in the OSCL competition, to be among the top batsmen.The two competitions will resume this weekend with a series of matches across the Greater Toronto Area.
0Shares0000Leicester City manager Brendan Rodgers (left) has masterminded eight straight Premier League victories © AFP/File / Ben STANSALLLONDON, United Kingdom, Dec 12 – Leicester manager Brendan Rodgers has ruled out any departures during the January transfer window as he attempts to keep pace with Liverpool at the top of the Premier League.The Foxes host struggling Norwich on Saturday aiming to stay within striking distance of leaders Liverpool, who are heading off for the FIFA Club World Cup in Qatar after their match against Watford. England pair Ben Chilwell and James Maddison, along with midfielder Wilfred Ndidi, have all been touted as potential targets for rival clubs in the transfer window but Rodgers insisted there would be no departures.“There will be nobody leaving in January, categorically,” he said at his pre-match press conference on Thursday saying he had the support of the club’s director of football Jon Rudkin and chairman Aiyawatt ‘Top’ Srivaddhanaprabha.“I am speaking regularly with Jon and Top,” Rodgers said.“It is really clear, we want to keep this squad together. It is an exciting team with growth and development in it, so we want to ensure they stay around beyond January.”Leicester have won a club-record eight straight top-flight games under Rodgers, who was last week rewarded with a new contact until 2025.The Leicester boss said the club’s run of victories had led to speculation about players such as Maddison, whose form he described as “absolutely brilliant”.The former Liverpool and Celtic manager added that Leicester, who won the Premier League under Claudio Ranieri in 2015/16, would attempt to strengthen the squad if the right opportunity presented itself.“We have got a top squad and want to continue to improve,” he said. “That is very important. But there has to be the availability and someone who is affordable for us.”0Shares0000(Visited 16 times, 1 visits today)
Sinn Féin TD Pearse Doherty has said the sale of Coillte’s harvesting rights “shouldn’t even be contemplated” following the recent publication of a report by economist Peter Bacon which found that the proposed sale “cannot be justified” and that the Government’s rationale “no longer stands up”.According to the report (see link below on this story) the State would remain liable for costs of up to €1.3 billion following a sale of harvesting rights.To cover these costs, Coillte would need to sell at €78 per square metre, which is “well above current or recent prices.” Deputy Doherty said: “This report completely shatters the government’s only rationale for the sell-off of Coillte’s harvesting rights. Sinn Féin has consistently called on the government not to sell off Coillte land and harvesting rights.“The government has refused to live up to its pre-election commitment not to sell Coillte.“However when an economist like Peter Bacon says that the sale ‘cannot be justified’ on economic grounds surely the government must listen.“These lands belong to the people of this country and are only held in trust by Coillte. It no longer remains just a moral imperative to resist the sale, it is also an economic imperative. “What this report says is quite simple: we cannot afford to sell these rights.”See report at: http://www.impact.ie/files/campaigns/saveourforests/ForestryFinalReport1.pdf SELL-OFF OF DONEGAL FORESTS MUST STOP, SAYS TD was last modified: January 29th, 2013 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:SAYS TDSELL-OFF OF DONEGAL FORESTS MUST STOP
A special night of greyhound racing will be held in Lifford tonight in aid of MacMillan Cancer Support and Marie Curie Cancer Care.The evening promises a night of top class racing, featuring 11 open races over 350, 525, 550 and 750 yards.The first race is at 6.00pm and the runners are: Race 1 East Donegal CC Novice Open (350 yards): 1, Fridays Hondo; 2, Peads Tango; 3, Amys Apple; 4, Hather Eve; 5, Corrakelly Bang; 6, Headware Sal.Race 2 Droopys Stud & Whitehouse Veterinary 350 (350 yards): 1, Gizmo’s Bluebell; 2, Tyrgal Charlie; 3, Imperial Falcon; 4, Kilnacloy Prince; 5, Fridays Mike; 6, Moyola Yahoo.Race 3 Doire Construction 600 (600 yards): 1, Headman Chris; 2, Fifo; 3, Westward Bound; 4, Barnish Panther; 5, Gizmo Classic; 6, Burnpark Lee.Race 4 Dandelion Bar & Club 525 (525 yards): 1, Colarhouse Lady; 2, Paradise Madrid; 3, Shale Bob; 4, Budders Luck; 5, Blenheim Tricks; 6, Farloe Pixie. Race 5 Paul’s Butchers 525 (525 yards): 1, Nalps Crash; 2, Tahina Kadyn; 3, Farloe Nutter; 4, Farloe Quest; 5, Daylens Diamond; 6, Work Me Lord.Race 6 Hather Kennels & Sandy Close 575 (575 yards): 1, Lazy Jess; 2, Paddock Paula; 3, Mongys Girl; 4, Kingsmill Aguero; 5, Lotus Paddy; 6, Do It Kim.Race 7 MacMillan & Marie Curie 550 (550 yards): 1, Shes a Terror; 2, Atitboy; 3, Tanhina Kyle; 4, Ulster Idea; 5, Mind the Net; 6, Skywalker Farloe.Race 8 Frightful Flash Stud 525 (525 yards): 1, Trinity Forest; 2, Titanic Bound; 3, Barnish Lane; 4, Free Faling; 5, Fridays Maybe; 6, Castleroggy Rust.Race 9 Malone Lodge Hotel 350 (350 yards): 1, Crown Champ; 2, My Head; 3, Darfin Dancer; 4, Mucky Zebo; 5, Drumsna Major; 6, Dragoon Doon. Race 10 Fridays Kennel & Messan Kennel 525 (525 yards): 1, Smurfing Manx; 2, Culture Bob; 3, Tahina Sonya; 4, Drusna Canyon; 5, Total Motion; 6, Curley Luke.Race 11 Hamilton Architects 550 (550 yards): 1, Wayseeit; 2, Graysfield Dell; 3, Budders Reward; 4, Dynamo Millar; 5, Hather Ma Man; 6, Storm Warrior.GREYHOUND RACING: CHARITY MEETING AT LIFFORD TONIGHT was last modified: June 28th, 2014 by johngerardShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:cancercharitygreyhoundLiffordRacing
Colaiste Ailigh in Letterkenny are to host their first official schools game on their new pitch today against Finn Valley College.Rory Kavanagh wil throw in the ball at today’s game at Colaiste Ailigh.The school moved from Spackburn House to their new school in Knock Na Mona at Autumn time last year.Ever since they moved to Knock Na Mona it has been a long wait for the grass to grow on the pitch. The pitch is finally in playing condition and Colaite Ailigh are set to take on Finn Valley college at mens senior level.The game is scheduled for 11am with Donegal All-Ireland medallist Rory Kavanagh throwing the ball in.Many thanks to Finn Valley College and their manager Rory White for travelling to Letterkenny for this historic event.#theresnothinglikebeingthere COLAISTE AILIGH GET LEVEL PLAYING FIELD AT LAST! was last modified: September 25th, 2014 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Colaiste Ailighletterkennyplaying fieldRory Kavanagh
One shows a wedding scene and another shows a romantic walk on a sandy beach.These photos are obviously on immense personal value to whoever lost them.They were found in the new Dunnes Stores in Letterkenny yesterday. If anybody knows anybody in the pictures or may know who owns them, contact us at email@example.com and we will put you in touch with who found them.DID YOU LOSE SOME VINTAGE PHOTOGRAPHS IN LETTERKENNY? was last modified: October 23rd, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Dunnes Storesletterkennyphotos
26 July 2012A second half wonder-goal from Portia Modise wasn’t enough to stop South Africa’s women’s football team, Banyana Banyana, going down 4-1 to fourth-ranked Sweden in their opening match of the 2012 Olympic Games on Wednesday.After going into halftime 3-0 down at the City of Coventry Stadium, many thought it was all over bar the shouting for Banyana’s opening Group F game.But Modise, not nicknamed “Bashin” for nothing, clearly had second thoughts as she latched onto a ball just inside the Swedish half in the 60th minute and bashed a blaster past a stunned goalkeeper.It was from 45 metres out, and the Swedes stood nonplussed as the ball scorched home.Banyana will now be down but not out after a plucky performance against the world’s fourth ranked side.They’re only ranked 61st and could have gone down by a lot more, but credit to coach Joseph Mkhonza and captain Amanda Dlamini they refused to lie down.The first goal came in the seventh minute after a wicked deflection. Then two goals in the space of two minutes underlined the Swedish domination.South Africa weren’t without fight though, and Modise and Janine van Wyk both went close.After Modise’s super-strike, it wasn’t long however before Lotta Schelin scored her second goal to take the margin back to three goals.Some had predicted a thrashing for Banyana, but this result will give them some hope, especially after a second half in which they shared the spoils when it came to goals.Match statistics said that Banyana had 43% of possession compared to 57% of the Swedes, but when it came to heart they gave their all.And that will be key to Team South Africa’s hopes as the Games get going on Friday.Next up for Banyana are seventh-ranked Canada in Coventry on Saturday, and then their biggest test of all, against world champions Japan in Cardiff on Monday.Source: South African Sports Confederation and Olympic Committee