The Private Sector Commission on Tuesday issued a call on the Government, “to move swiftly to address the establishment and operationalisation of those institutions that mitigate perceptions of corruption and the furtherance of the evolution of a truly democratic society.”

The PSC said it wants to see the Public Procurement Commission and the Integrity Commission put into full operation since a failure to do so, “could create an all time lack interest by our society in our national politics.”

Just recently, the National Assembly approved the list of persons to serve on the Procurement Commission. The members are expected to be appointed soon by the President.

According to the Private Sector Commission, “the time has come for an end to the procrastination on these matters and for the President to give effect to the commitment they have made to the nation on the setting up of these Commissions.”

“We believe that the failure to establish these entities poses a threat to legitimate business activities, creates unfair business to business competition and indeed is the reason why some legitimate businesses cannot stand up to new competition”, the group added.

The PSC is also urging the Government to fully operationalise the Financial Intelligence Unit and to equip the entity with the necessary personnel to investigate and prosecute financial crimes.

It said money laundering is a scourge all over the world that cannot be ignored here in Guyana.

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