LIBERIA – “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”, U.S. Ambassador Michael McCarthy warned violators of Globally Magnitsky sanctioned.
Speaking at a press roundtable yesterday, the U.S. Diplomat said “I also want to note that it was three months ago, almost to the day, that I announced to you in this room the Treasury Department’s Global Magnitsky sanctions of Nathaniel McGill, Bill Twehway, and Syrenius Cephus.”
He said 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.”
Furthermore, Ambassador McCarthy 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.
According to the Ambassador, this applies not only to those who transact with these three individuals but also to the other two individuals sanctioned under Global Magnitsky in recent years: Senator Prince Y. Johnson and Senator Varney Sherman.
