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South Sudan dismisses ‘misleading’ Sentry report impliciating country in illegal loan deal

South Sudan government has dismissed a report by the US-based investigative initiative, The Sentry, in which the government is accused of backing a illegal financial loan deal and demanded apology.

3 days ago
Reading Time: 3 mins read

South Sudan's President Salva Kiir addresses a news conference at the State House in Juba, South Sudan March 28, 2022. [Photo by Jok Solomon/REUTERS]
South Sudan’s President Salva Kiir addresses a news conference at the State House in Juba, South Sudan March 28, 2022. [Photo by Jok Solomon/REUTERS]
JUBA, MARCH 1, 2023 (SUDANS POST) – South Sudan government has dismissed a report by the US-based investigative initiative, The Sentry, in which the government is accused of backing a illegal financial loan deal and demanded apology.

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.

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Sudans Post is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Sudan, South Sudan and East Africa, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the two countries and the region.

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