Tag Archives: sanctions

Mohameds gold dealer’s licence to be pulled in wake of U.S. sanctions

The Guyana Gold Board (GGB) is finalising preparations to revoke the Mohameds gold dealership license, following the United States’ imposition of sanctions on Nazar “Shell” Mohamed and his son Azruddin, according to well-placed sources. The effect of the sanctions by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) for allegedly defrauding Guyana of US$50 million on 10 kilogrammes ...

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U.S. Ambassador defends no information sharing on Mohameds, PS Thomas with Guyana before sanctions

United States (US) Ambassador to Guyana, Nicole Theriot on Friday said there was a “preponderance of evidence” against the Mohameds and Permanent Secretary Mae Thomas on whom sanctions have been imposed for alleged corruption and defended the decision not to have involved the Guyana government in the more than two and half years of investigations. “They have to keep these ...

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