Last week, The Sentry released a three-year investigative report in which the government is caught red-handed.
The report titled “Crude Dealings: How Oil-Backed Loans Raise Red Flags for Illegal Activity in South Sudan” sheds lights on how a 2018 deal between Trinity Energy Limited and African Export-Import Bank (Afreximbank) resulted in bribery, money laundering, and circumvention of international sanctions.
“As part of the deal, the government of South Sudan committed to award cargoes of crude oil to Trinity Energy. The deal skirted legislation on oversight, transparency, and competition and facilitated off-book government spending,” The Sentry said in the report released today.
In a statement, the office of the president dismissed the report and asked the program to apologize.
“The Report purports to be a fact-based document with commentary that has been widely disseminated internationally that contains false and/or misleading allegations, that have been made deliberately or recklessly,” it said.
“We demand its immediate withdrawal from circulation and the issuance of a public apology to each and every individual, company or entity that has been false or misleadingly described in the report,” it added.