Dubai Also Sanctions Speaker Among, Nanduttu and Kitutu - News.epuziki.com

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The Speaker of Parliament, Anita Among, continues to walk a tightrope with her options outside Britain, receiving a vicious blow from the United Arab Emirates.


The Emirates has picked up on the sanctions imposed on Ms. Among and former Ministers Agnes Nandutu and Mary Goretti Kitutu by instructing that no financial institution on its soil deals with the Ugandan trio in any transactions.


The Nile Post can exclusively reveal that the Central Bank of UAE has issued a warning to all financial institutions in the Middle East country to thwart any transactions coming from Nandutu or Kitutu.


The trio was sanctioned and their assets frozen in the United Kingdom just a week ago and now the UAE says red flags should be issued with immigration should any of the three travel through the country.


The UAE central bank also directed that properties of the trio, if any, should be frozen until further notice.


The Nile Post has contacted the Central Bank of UAE after receiving credible information that it has already communicated the targeted financial sanctions to all licensed financial institutions operating in the UAE.


Sources say the Central Bank of UAE only imposes such targeted financial sanctions against individuals or institutions upon a cabinet decision.


The bank instructs all licensed financial institutions to fully comply with the obligation to implement all necessary measures without delay.


“All licensed financial institutions must screen databases and transactions against the lists of sanctioned persons,” the Emirates central bank says.


“When a “confirmed” or “potential” match is found through the screening process, the institution must immediately, without delay and without prior notice, freeze or suspend all funds or transactions.”


The institutions are also required to report “confirmed” or “potential” matches and the actions taken within five business days.


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