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The Sentry asks West, UN to sanction corrupt individuals, entities

Author: Staff Writter | Published: Wednesday, February 22, 2023

The Sentry Report cover page. (Courtesy).

The Sentry has called on the region, Western countries, and the United Nations to impose sanctions on individuals and entities involved in corrupt oil deals in South Sudan.

The watchdog has outlined key recommendations from its latest report which exposed corruption in the country’s oil sector.

It calls on the United States, European Union, United Kingdom, Canada, and Australia to investigate and if appropriate, sanction individuals and entities implicated.

It says global and regional financial institutions should take measures to identify accounts held or beneficially owned by those with business dealings in South Sudan’s oil sector and senior South Sudanese officials.

It also recommends the conduct of a comprehensive assessment to identify their broader international networks and determine measures needed to mitigate the risks involved in such accounts and customer relationships.

It calls on Egypt’s Afreximbank to initiate an independent investigation into its relationships and transactions with Trinity Energy and the government of South Sudan.

The group further calls on the UN Panel of Experts on South Sudan to investigate Trinity Energy’s support— through monetary payments and fuel supplies—for political and military leaders and entities.

Kenya and Uganda have also been urged to investigate and prosecute illegal money flows from South Sudanese elites and entities to their countries.

“Authorities in Kenya and Uganda should investigate the transactions identified in this report in which money sent to company accounts in the two countries raised red flags for trade-based money laundering,” the report read in parts.

Finally, The Sentry appeals to South Sudan to ratify and implement the African Union Convention on Preventing and Combating Corruption, which South Sudan signed in 2013.

The country should also implement Chapter IV of the Revitalized Agreement to address the crippling cycle of debt, economic mismanagement, and corruption undermining economic prosperity and fueling conflict, The Sentry notes.

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