South Sudan: US sanctions ARC Resource and Winners Construction for alleged corrupt deals
"US sanctions two South Sudanese firms over graft"
The United States Department of Treasury on Thursday sanctioned two companies owned by a prominent South Sudanese businessman. The companies are ARC Resource Corporation Ltd and Winners Construction Company Ltd owned by Benjamin Bol Mel. In a statement seen by Nation.Africa ...Treasury’s Office of Foreign Assets Control said the companies were owned and controlled by a sanctioned personality...
In December 2017, Bol Mel and two companies in his vast corporate network, Thai South Sudan Crusher, Aggregates, and Building Materials Company (ABMC) and Home and Away Ltd were designated by the United States for their involvement in corruption in South Sudan.