The Office of Foreign Assets Control sanctioned two Cambodian government officials for corruption, the agency said Nov. 10. The designations target Chau Phirun, the director-general of the defense ministry’s material and technical services department, and Tea Vinh, the country’s navy commander.
The U.S. government and the United Nations, including their contractors, are allowed to conduct transactions related to Syria that involve “stabilization and early recovery-related activities,” the Office of Foreign Assets Control said in a Nov. 8 frequently asked question. OFAC also said the U.S. government and its contractors are authorized by a general license “to engage in all transactions in support of their official business” in Syria. The exemption applies to all government employees, including non-governmental organizations and private companies acting as grantees or contractors. The agency stressed that all U.N. or U.S. grantees or contractors must provide a copy of their contract or grant with either the U.N. or the U.S. “before the U.S. person engages in or facilitates any transaction or activity.”
A United Arab Emirates bank violated the U.S.’s now-repealed Sudanese Sanctions Regulations when it illegally processed more than 1,700 payments for Sudanese banks, the Office of Foreign Assets Control said Nov. 9. The bank, Mashreqbank psc, was issued a “finding of violation” by OFAC instead of a fine, partly because the bank voluntarily entered into a “retroactive statute of limitations waiver agreement,” which allowed OFAC to charge Mashreq with the sanctions violations.
Norbert Basengezi Katintima, former vice president of the Democratic Republic of the Congo's National Independent Electoral Commission (CENI), launched a case Nov. 5 at the U.S. District Court for the District of Columbia to challenge his spot on the Specially Designated Nationals and Blocked Persons List. Katintima is challenging the decision made by the Treasury Department's Office of Foreign Assets Control to deny his delisting application. The former CENI official says that the circumstances that contributed to his original listing have changed, necessitating his removal from the list (Norbert Basengezi Katintima v. Bradley Smith, et al., D.D.C. #21-02917).
Although companies shouldn’t expect the Treasury Department's recently released sanctions review to lead to major policy changes, it could result in slightly fewer designations, clearer humanitarian exemptions and more sanctions guidance, law firms said.
The Office of Foreign Assets Control on Oct. 29 updated a Liberia-related vessel on its Specially Designated Nationals List. The entry lists the Oman Pride, a Liberia-flagged crude oil tanker subject to secondary sanctions. The tanker was sanctioned in August for being operated by Bravery Maritime, a company owned by Iranian oil shipper Mahmood Rashid Amur Al Habsi (see 2108130041).
The Office of Foreign Assets Control sanctioned four people and two companies for providing “critical support” to Iran’s Islamic Revolutionary Guard Corps’ unmanned aerial vehicle programs, the agency said Oct. 29. The designations target Iran-based Kimia Part Sivan Co. (KIPAS) and Oje Parvaz Mado Nafar Co. (Mado) for helping to bolster Iran’s UAV capabilities. OFAC also sanctioned Mohammad Ebrahim Zargar Tehrani, who helps KIPAS source its components from foreign companies; Yousef Aboutalebi, managing director for Mado; IRGC Brig. Gen. Abdollah Mehrabi, who is chairman of Mado; and IRGC Brig. Gen. Saeed Aghajani, who oversees the IRGC’s aerospace and UAV operations.
The Office of Foreign Assets Control on Oct. 28 sanctioned two Lebanese businessmen and a member of Lebanon's parliament whose actions have “contributed to the breakdown of good governance and the rule of law” in the country. The sanctions target businessmen Jihad al-Arab and Dany Khoury as well as lawmaker Jamil Sayyed.
The Office of Foreign Assets Control released the texts of six previously issued Ukraine-related General Licenses. The licenses are GLs 16, 16A, 16B, 16C, 16D and 16E. The licenses authorized certain transactions with Russian companies EN+ Group PLC and JSC EuroSibEnergo. The first five have expired, the sixth was revoked. The U.S. removed sanctions from both companies in 2019 (see 1905150064).
The Office of Foreign Assets Control published in the Federal Register the texts of nine previously issued Venezuela-related General Licenses, including one that is still active. The licenses are Venezuela GLs 8, 8A, 8B, 8C, 8D, 8E, 8F, 8G and 8H. GL 8H (see 2106020003), which expires Dec. 1, authorizes certain transactions between Venezuela's state-owned energy company Petróleos de Venezuela, S.A. (PdVSA) and Chevron, Halliburton, Schlumberger, Baker Hughes and Weatherford International.