The Government of the United States of America through her Embassy near Monrovia is seriously warning Individuals doing business/ businesses with corrupt and human rights Actors who are placed under global magnitsky sanctions or risk being sanctioned too.
The statement is coming about three months after the Treasury Department’s Global Magnitsky sanctioned Nathaniel McGill, Bill Twehway, and Syrenius Cephus for corruption and misuse of power in Liberia under President Weah administration.
The US ambassador Michael A. McCarthy made the statement when he hosted the Acting Assistant Secretary for the Bureau of Global Public Affairs Elizabeth Trudeau on Monday November 14 in Liberia.
“I think it’s important to draw our attention back to the Treasury Department’s statement, specifically its notification that persons that engage in certain transactions with these sanctioned individuals “may themselves be exposed to sanctions or subject to an enforcement action.”
He further that “unless an exception applies, any foreign financial institution that knowingly facilitates a significant transaction for any of the individuals or entities could be subject to U.S. sanctions.”
The US said this applies not only to those who transact with these three individuals but also to the other two individuals sanctioned under Global Magnitsky in recent years: Senator Prince Y. Johnson and Senator Varney Sherman.
Comments are closed.