U.S. Envoy Sounds Serious Warning To Associates Of Sanction Designated Individuals
Addressing journalists recently during Ambassador Michael A. McCarthy’s opening Remarks at Press Roundtable with Acting Assistant Secretary for Global Public Affairs Elizabeth Trudeau during her visit to Monrovia, noted that those engage in certain transactions with these sanctioned individuals “May themselves be exposed to sanctions or subject to an enforcement action”.
The U.S. Ambassador who was very serious, also said 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.
Up to date, five officials of the Liberian Government have ben n sanctioned by the U.S. Treasury Department’s Global Magnitsky sanctions include Nathaniel McGill, Bill Twehway, and Syrenius Cephus.
Others are Grand Cape Mount Senator, Varney Sherman and Nimba County Senator, Prince Y. Johnson for their alleged involvement of ‘Massive Corruption’ and their misused of power.
Stressing further, Ambassador said “ 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.
This applies not only to those who transact with these three individuals, but also with the other two individuals sanctioned.