LIBERIA – The Liberian President could possibly face the wrath of the United States Government if he continues to maintain Mr. Nathaniel McGill as Minister of State for Presidential Affairs. According to sources knowledgeable on the Global Magnitsky Act.
They told Smart News that this latest American action to sanction three of President George Weah’s top officials definitely places the Liberian leader in a seriously embarrassing situation; whether to still maintain the three in his government to get rid of them.
On the implication of the Sanction the Minister of State Nathaniel McGill, Solicitor General Sayma Syrenius Cephus, and NPA Managing Director Bill Tweaway, all property and interests in property of these targets that are in the United States or in the possession or control of U.S. persons must be blocked and reported to OFAC.
In addition, any entities that are owned, directly or indirectly, 50 percent or more by one or more blocked persons are also blocked.
OFAC’s regulations generally prohibit all dealings by U.S. persons or within the United States (including transactions transiting the United States) that involve any property or interests in the property of blocked or designated persons.
In addition, persons that engage in certain transactions with the individuals and entities designated today may themselves be exposed to sanctions or subject to enforcement action.
Furthermore, unless an exception applies, any foreign financial institution that knowingly facilitates a significant transaction for any of the individuals or entities designated today could be subject to U.S. sanctions.
Our sources indicated that this possibly means that President George Weah will have to get rid of his three officials or may himself or face the anger of the Americans who sold intent according to the Magnitsky Act, the ultimate goal of sanctions is not to punish, but to bring about a positive change in behavior.
