
06/08/2025
US Government Distances Itself from Local Banks' Decision to Close WIN Supporters' Accounts
The United States Government has made it clear that it played "no role" in the recent decisions by several local commercial banks in Guyana to terminate accounts belonging to candidates of the We Invest in Nationhood (WIN) political party, led by Azruddin Mohamed.
Speaking at a public engagement earlier today, US Ambassador to Guyana, Nicole Theriot, emphasized that the actions taken by local financial institutions were entirely independent and were not influenced or directed by the US Government.
“The decision of the banks was entirely independent. The United States Government had no involvement,” Ambassador Theriot stated.
Her comments come in the wake of rising controversy and public scrutiny following reports that several WIN Party candidates had their personal and business accounts suspended or closed by local banks. Critics of the move argue that the action amounts to financial discrimination and political interference, especially since some of the affected individuals are not under any legal sanction themselves.
“The decision by the banks was entirely independent. We were not consulted, we were not asked. We have no opinion on the matter. Banks here make their own decisions,” she said.
She added that OFAC sanctions pertain “solely” to what happens in the US.
Azruddin Mohamed, leader of the WIN party, was sanctioned by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) in July under the Global Magnitsky Act, for alleged involvement in corruption and human rights abuses. The sanctions froze his US-based assets and prohibited US persons or entities from engaging in transactions with him.
However, Ambassador Theriot made it clear that the sanctions imposed on Mohamed do not extend to the WIN party or its other members, and the US Government does not dictate how local banks manage their customer relationships.
The statement comes as political tensions continue to rise in the lead-up to the September 1, 2025, General and Regional Elections. The WIN party has positioned itself as a challenger to the dominant political establishment and has accused both the government and corporate institutions of coordinated efforts to suppress its campaign.