abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

14 Oct 2019

Author:
Mohammad Ali, in UrduPoint.com (Pakistan)

US sanctions companies for engaging in corruption "at great expense to the South Sudanese people"

"US Sanctions 2 South Sudan Businessmen, 6 Companies For Corruption - Treasury Dept."

The United States imposed economic sanctions on South Sudanese business tycoons Ashraf Seed Ahmed Al-Cardinal and Kur Ajing Ater and companies they control for bribery, kickbacks and procurement fraud, the Treasury Department announced in a press release…"Al-Cardinal and Ajing leverage their businesses and political connections to engage in corruption at great expense to the South Sudanese people," Treasury Undersecretary for Terrorism Sigal Mandelker said in the release. Treasury also sanctioned five companies owned or controlled by Al-Cardinal, and one company owned or controlled by Ajing, the release said.

 The release cited the Global Magnitsky Act, which authorizes sanctions against human rights abusers, as well as a presidential executive order extending the law to corruption as a source of abuses. The US accused Al-Cardinal of acting as an intermediary for  South Sudan's goverment to move foreign currency into offshore accounts. Ajing was accused of paying bribes to government officials for access to oil,according to the release.

Privacy information

This site uses cookies and other web storage technologies. You can set your privacy choices below. Changes will take effect immediately.

For more information on our use of web storage, please refer to our Data Usage and Cookies Policy

Strictly necessary storage

ON
OFF

Necessary storage enables core site functionality. This site cannot function without it, so it can only be disabled by changing settings in your browser.

Analytics cookie

ON
OFF

When you access our website we use Google Analytics to collect information on your visit. Accepting this cookie will allow us to understand more details about your journey, and improve how we surface information. All analytics information is anonymous and we do not use it to identify you. Google provides a Google Analytics opt-out add on for all popular browsers.

Promotional cookies

ON
OFF

We share news and updates on business and human rights through third party platforms, including social media and search engines. These cookies help us to understand the performance of these promotions.

Your privacy choices for this site

This site uses cookies and other web storage technologies to enhance your experience beyond necessary core functionality.