On 8 January, a Notice from HM Treasury advised that 5 individuals had been added to the Consolidated List under Mali sanctions. This followed EU Regulation 2020/8/EU and the UN announcement.
The Isle of Man followed suit –
https://www.gov.im/news/2020/jan/08/financial-sanctions-mali/
On 8 January, OFAC announced that Taban Deng GAI, a Sudanese national, had been added to its sanctions lists. OFAC says he is listed for his involvement in serious human rights abuse, including the disappearance and deaths of civilians.
https://home.treasury.gov/news/press-releases/sm869
https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20200108.aspx
In the first TRACE podcast of 2020, C4ADS Senior Analysts Stella Cooper and Cecile Neumeister discuss their report on the little-known problem of illegal logging in South Sudan and the environmental, social, financial and security implications.
https://traceinternational.org/resources-podcast
MILLIONS OF DOLLARS-WORTH OF ILLEGAL TEAK IS COMING FROM A VERY UNLIKELY SOURCE – SOUTH SUDAN
The C4ADS report referred to in the TRACE podcast starts by saying that illegal logging is the most lucrative natural resource crime, currently valued between $52 and $157 billion per year. Deforestation of teak has escalated as global demand grows, a direct consequence of teak’s high value and scarcity. Originally planted in the 1940’s by British colonists, South Sudan’s teak reserves are among the largest in Africa. It is said that the report serves as the first comprehensive review of the regulatory and security environment surrounding this little-researched topic, and it examines how conditions within South Sudan have made its teak sector more vulnerable to exploitation from illicit actors and contributed to the country’s instability; including how international demand for teak has exacerbated underlying issues plaguing South Sudan’s teak sector.
https://c4ads.org/s/Money-Tree.pdf
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