Billionaire businessman and Leader of the We Investment in Nationhood party, Azruddin Mohamed, is claiming that the governing People’s Progressive Party and its actions are behind the 11-count indictment which was handed down by US Prosecutors against him and his father.

Mohamed and his father, Nazar Mohamed, are facing serious allegations of money laundering and mail and wire fraud related to the export of gold from Guyana under their Mohamed’s Enterprise company.

In a statement last evening, while dodging the allegations filed against him by US Prosecutors, Azruddin Mohamed said the governing People’s Progressive Party has been advancing a sustained narrative against him and his family aimed at discrediting them.

He made reference to the September national elections and his party’s capture of 16 Parliamentary seats, stating that his party has changed the landscape in Guyana and the PPP already understands all that is at stake at the next elections, which are five years away. He also accused the Government of hiring a US lobby firm at the expense of tax payers to smear and marginalize political opponents.

Mohamed said he will continue to stand up and fight, no matter the cost and he continues to stand resolute in wake of the allegations.

He has indicated that his family is hiring a battery of lawyers in the United States to handle the charges that have been filed against him and his father.

The father and son have been indicted by a grand jury in the US Southern Florida District to face charges of wire and mail fraud and money laundering. Most of the charges are related to gold exports, and the indictment is 12 pages long and contains 11 various counts related to mail and wire fraud and money laundering allegations.

Some of the charges allege that between 2017 and 2024, the Mohameds through their company, dodged paying taxes and royalties in Guyana by reusing declaration and royalty documents from one single shipment for multiple shipments of gold from Guyana. The charges also allege that wooden boxes carrying the seals of the Guyana Revenue Authority and the Guyana Gold Board were imported into Guyana and used repeatedly for gold exports, alleging that by the actions, the Mohameds were allegedly able to dodge paying more than US$50 Million in taxes.

One of the charges also alleges falsifying of purchase documents for a luxury sports car that was bought by the son, Azruddin Mohamed, and imported to Guyana. The US Court documents allege that with the cost of the car allegedly falsified, the younger Mohamed dodged paying millions of dollars in taxes in Guyana.

The Mohameds, who were sanctioned in 2024 by the US Government in relation to the same allegations, along with Government Permanent Secretary Mae Thomas, have repeatedly denied the allegations.

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