Court rejects Mohameds’ application over revocation of cambio licence
Nazar Mohamed and Azruddin Mohamed Justice Damone Younge on Thursday dismissed the proceedings filed by Nazar Mohamed and Azruddin Mohamed, ruling that the Bank of Guyana (BoG) acted lawfully when it revoked their cambio licence following U.S. Treasury sanctions. The application was dismissed in its entirety. Justice Younge ordered the Mohameds to pay the Bank…