Royal Africa Holdings clarifies over U.S. sanction

Thursday, January 04, 2018

After the Trump administration had announced a global freeze order on assets of Yahya Jammeh, and a list of many other international investments related with him, the chairman of Royal Africa Holdings Prince Ebrahim Sanyang, has made it clear that not a single one of their companies were frozen as viewed by many people.

He added that they were neither sanctioned by the Commission of Enquiry.

Below is the reaction of the company:

Therefore, why would USA’s OFAC office pre-empted the Gambia’s Commission of Enquiry by going ahead and listing our companies into their register, when it was crystal clear that The Gambia Commission of Enquiry (Janneh Commission) hasn’t done so?   

Fellow Gambians and friends of Gambia, you will all remember that we refuted these baseless allegations of being close associates of former president from very onset. Today, 8-9 months later, zero nexus has been brought forward between our companies and former President. 

Fellow Gambians, you will all recalled that, H.E. President Adama Barrow has directed a setting up of a transparent Commission of Enquiry that is fair free of ill will and or favour; to look into financial affairs of former president Jammeh and his close associates from 1994.

The Commission of Enquiry (Janneh Commission) since its inception, maintains an open televised and transparent proceedings covered across all print and electronic media. After first 6 months of proceedings The Commission of Enquiry declared and or sanctioned a freezing order on the assets of notable companies and their executives. As part of their freezing order, not a single one of our companies were frozen and or sanction by the Commission of Enquiry.

Therefore, why would USA’s OFAC office pre-empted the Gambia’s Commission of Enquiry by going ahead and listing our companies into their register, when it was crystal clear that The Gambia Commission of Enquiry (Janneh Commission) hasn’t done so?

Secondly, why did the USA’s OFAC office failed to accurately register the very companies and or executives by Commission of Enquiry (Janneh Commission), instead went ahead and falsely listed ours?

Thirdly, as the Gambia’s Commission of Enquiry is ongoing, why would USA’s OFAC office pre-empt the proceeding of our open transparent proceedings; by suggestively placing our companies? Where is OFAC’s evidence? We challenge OFAC to show an iota of evidence and or single nexus that links our companies to former president Jammeh.

OFAC was blatantly wrong to list our companies as linked to former president Jammeh. They must do the right thing, remove our companies from their list forthwith and apologies without further delay.

We expected USA’s OFAC should be an independent, evidence base institution, free from any and or all external misinformation. OFAC must be impartial, put robust, fair and equitable checks and balances in places to avoid injustices and or discriminatory acts as they did in our case.