GUYANA- The multi-million-dollar scrap metal trade continues to be on hold with Government this week saying it is investigating corruption and possible money laundering.
An audit has been carried on the Scrap Metal Unit by the State Assets Recovery Unit (SARU) and decisions are to be made shortly on whether charges will be made, says Minister within the Ministry of Communities, Keith Scott.
Shortly after taking office in May, the new administration disclosed that it has found almost $200M lying in an account at a city bank. It belonged to the Scrap Metal Unit, the body which monitors the trade.(KAIETEUR NEWS/ kaieteurnewsonline.com)…[+]