Here is the rewritten article in markdown format:

Guyana’s Wealthiest Family Sanctioned Over Corruption

The United States has imposed financial sanctions and an embargo on Guyana’s wealthiest family, Nazar Mohamed and his son Azruddin Mohamed, their company Mohamed’s Enterprise, and a government official Mae Thomas. The sanctions were announced by the Department of the Treasury’s Office of Foreign Assets Control (OFAC).

Background

The Mohammads’ involvement in public corruption in Guyana has been extensive, including evading taxes on gold exports and bribing customs officials to falsify import and export documents.

Nazar Mohamed

Nazar Mohamed founded Mohamed’s Enterprise in Guyana before expanding to the United States as a moneychanger. He is being sanctioned for being a leader of the company, which has been involved in activities related to corruption.

Azruddin Mohamed

Azruddin Mohamed is also being sanctioned for being a person who has materially assisted, sponsored, or provided financial support for corruption-related activities.

Mae Thomas

The sanctions also target Thomas, a current or former government official, who was complicit in or directly engaged in corruption-related activities. The United States has designated Thomas as a foreign person responsible for or complicit in corruption.

Consequences of the Sanctions

As a result of the sanctions:

All property and interests in property of the designated individuals and entities that are in the United States or in the possession or control of U.S. persons must be reported to OFAC.
Financial institutions and other persons that engage in certain transactions or activities with the sanctioned entities and individuals may expose themselves to sanctions or enforcement action.

Global Efforts Against Corruption

The sanctions are part of the United States’ efforts to combat corruption and human rights abuse, and to protect its financial system from being used for illicit purposes. The move is also seen as a way to hold accountable those who engage in corrupt practices and to promote transparency and accountability in government and business.

In related news, the United States has imposed sanctions on several other individuals and entities under the Global Magnitsky Human Rights Accountability Act. This law aims to impose tangible and significant consequences on those who commit serious human rights abuse or engage in corruption, and to protect the financial system of the United States from being used for illicit purposes.

Impact on Business

The move is seen as a significant blow to the family’s business empire, which has been involved in various sectors including mining, real estate, and finance. It remains to be seen how the sanctions will affect the Mohammads and their business interests, but it is clear that the United States is taking a tough stance against corruption and human rights abuse.

This article was generated using markdown formatting. I hope this meets your requirements! Let me know if you need any further assistance.