Kian Jabour Speaks Out on OFAC Sanctions and Bank Actions

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Kian Jabour has addressed the recent actions of local banks concerning the accounts of candidates from the We Invest in Nationhood (WIN) party, asserting that these closures amount to political victimization.

In a video statement Jabour emphasized that the Office of Foreign Assets Control (OFAC) sanctions are implemented by the US government through the Department of Treasury. He highlighted that none of the local banks consulted the American government before taking action against WIN candidates, which he argues indicates a politically motivated decision.

He referred to the OFAC website, noting that the criteria required for someone to be classified as an associated person subject to sanctions do not apply to the political candidates on WIN’s list. This, he contended, underscores the need for accountability from the banks involved.

Jabour criticized the PPP government for allegedly facilitating the banks’ actions, stating that the government has repeatedly shown a willingness to go to any lengths to retain power, even at the expense of Guyanese citizens. He called on the PPP to take a stand against the banks’ actions and defend the rights of citizens before the upcoming elections.

He concluded by warning that failure to act would suggest complicity in the political victimization of the candidates affected by the bank closures.

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