– Neal and Massay Chairman laments delay in passage of anti-money laundering legislation

FIFTY-FIVE lucky customers were presented with prizes following the just concluded MoneyGram Christmas Promotion at Neal and Massy Staff facilities on Tuesday.Among the prizes were a 32-inch flat screen television set, two smart phones and 52 tablets.
Mr. Deo Persaud, Chairman of NM Services Limited who delivered the feature address at the ceremony congratulated the winners and thanked them for participating in the promotion organised by NMSL.
Mr. Persaud, who is also Chief Executive Officer of the Neal and Massy Guyana Group of Companies took the opportunity to express the Group’s concerns over the current state of the anti-money laundering legislation which has affected many companies in the local financial sector.
“The current impasse in the implementation of the anti-money laundering legislation is of great concern to everyone but we remain positive that the decision-makers will work diligently to have the bill passed in the very near future” he added.
Mr. Persaud said remittance remains a great part of Guyana’s revenue stream and should there be hindrances it would have serious economic and social impact for the country.
The Chairman also mentioned that a marketing team from MoneyGram International will be in Guyana in February to work on a programme that will benefit customers and agents and also to get a better understanding of the effects of Guyana not meeting the CFATF’s requirements.
MoneyGram Supervisor, Darshinie Persaud said Neal and Massy & MoneyGram are two companies that are customer focused and the Christmas promotion was their way of giving back to customers.
She stated that MoneyGram and SurePay customers can expect more promotions during 2014.