Treasury Sanctions Wealthy Guyanese Family, Alleging Public Corruption

            On June 11, 2024, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on one of Guyana’s wealthiest families: Nazar Mohamed, his son, Azruddin Mohamed, and their company, Mohamed’s Enterprise, as well as Guyana’s Permanent Secretary to the Ministry of Labor: Mae Thomas, alleging public corruption.  OFAC additionally sanctioned Team Mohamed’s Racing Team and Hadi’s world for their connection to (owned or controlled by) the Mohameds.[1]   The Mohameds deny any wrongdoing.