Text Size   Decrease Font SizeIncrease Font Size
static_slide_interior

U.S. Government Updates Kingpin Act Watch List with Venezuelan Nationals

PDF Print
Wednesday, 14 September 2011 12:44

This morning the U.S. Treasury Department's Office of Foreign Assets Control ("OFAC") published the name of four individuals whose property and interests in property have been blocked pursuant to the Foreign Narcotics Kingpin Designation Act ("Kingpin Act"), 21 U.S.C. 1901-1908, 8 U.S.C. 1182.

Enacted in 1999, the Kingpin Act establishes a program targeting the activities of significant foreign narcotics traffickers and their organizations on a worldwide basis. The Act provides a statutory framework for placing targeted economic sanctions against significant foreign narcotics traffickers and their organizations on a worldwide basis.

The primary objective of these sanctions is to deny listed persons and entities access to the U.S. financial system and the benefits of trade and transactions involving U.S. companies and individuals.

U.S. individuals and companies are probihited from engaging in transactions with persons and entities designated by the Act. Read the Federal Register notice here.

 

Social Media

Twitter2Facebook2LinkedIn2 YouTube Icon 

Newsletter Sign-Up

Fill out my online form.

ViewOureNewsletter

Recent News

UPDATE 18- Statement on the Continued Unlawful Detention of Nizar Zakka

Statement on the Continued Unlawful Detention of Internet Freedom Advocate & Hostage Nizar Zakka On behalf of Mr. Nizar Za... [More]

UPDATE 17- After Two Years, Zakka's Health Continues to Deteriorate

Statement on the Continued Unlawful Detention of Internet Freedom Advocate & Hostage Nizar Zakka This week marks the second ... [More]

©2016 PobleteTamargo LLP
Disclaimer
Attorney Website by The Modern Firm