Nazar Mohamed

Nazar Mohamed, along with his son Azruddin Mohamed, is a Guyanese businessman operating in the gold sector. His company, Mohamed’s Entreprise, has grown over the years into one of Guyane’s largest gold exporters, selling and trading gold throughout the world. Mohamed’s Entreprise is accused of tax evasion, to an amount that could approach €50 million in duty taxes to the Government of Guyana for the period 2019 and 2023. The company, which is also subject to sanctions, allegedly bribed customs officials to minimise imports and exports, suspected of avoiding taxes on 10,000 kilos of gold, and to facilitate shipments. The two businessmen are accused of consistently bribing Guyanese public officials in order to keep their activities operating and hidden, avoid legal repercussions and obtain public contracts. [1]

Information

IDENTIFYING INFORMATIONBusinessmen
DATE OF BIRTH27.03.1953
PLACE OF BIRTHEssequibo Coast, Guyana
NATIONALITYGuyana
COUNTRY OF RESIDENCEGuyana
FULL NAMENazar Mohamed
FIRST AND MIDDLE NAME(S)Nazar
ALIASESNazar Mohammed
FAMILY MEMBERSAzruddin Mohamed - son
FAMILY MEMBERS SUBJECT TO SANCTIONSAzruddin Mohamed - son
SUSPECTED OR CONFIRMED LINKS TO LEGAL ENTITIESMohamed's Enterprise ; Hadi's world incorporated ; Confidential cambio
ESTIMATES OF ASSETS FROZEN OR CONFISCATEDUnknown
ESTIMATES OF ASSETS RETURNEDNone
SANCTIONS REGIMESUS Global Magnitsky Sanctions [1]
START OF SANCTIONS06.11.2024 [1]