[Federal Register Volume 76, Number 86 (Wednesday, May 4, 2011)]
[Notices]
[Pages 25407-25408]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-10786]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Additional Designations, Foreign Narcotics Kingpin Designation
Act
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Notice.
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SUMMARY: The Treasury Department's Office of Foreign Assets Control
(``OFAC'') is updating the public listing of four entities whose
property and interests in property are blocked pursuant to the Foreign
Narcotics Kingpin Designation Act (``Kingpin Act'') (21 U.S.C. 1901-
1908, 8 U.S.C. 1182). These entities were previously Blocked Pending
Investigation and their listings will be updated to Blocked pursuant to
the Kingpin Act.
DATES: The identification as blocked by the Director of OFAC of the
four entities in this notice, pursuant to section 805(b) of the Kingpin
Act, is effective on April 28, 2011.
FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance
Outreach & Implementation, Office of Foreign Assets Control, Department
of the Treasury, Washington, DC 20220, tel.: 202/622-2490.
SUPPLEMENTARY INFORMATION:
Electronic and Facsimile Availability
This document and additional information concerning OFAC are
available on OFAC's Web site (http://www.treasury.gov/ofac) or via
facsimile through a 24-hour fax-on demand service, tel.: (202) 622-
0077.
Background
The Kingpin Act became law on December 3, 1999. The Kingpin Act
establishes a program targeting the activities of significant foreign
narcotics
[[Page 25408]]
traffickers and their organizations on a worldwide basis with the
objective of denying their businesses and agents access to the U.S.
financial system and to the benefits of trade and transactions
involving U.S. companies and individuals.
The Kingpin Act blocks all property and interests in property,
subject to U.S. jurisdiction, owned or controlled by significant
foreign narcotics traffickers as identified by the President. In
addition, the Secretary of the Treasury, in consultation with the
Attorney General, the Director of the Central Intelligence Agency, the
Director of the Federal Bureau of Investigation, the Administrator of
the Drug Enforcement Administration, the Secretary of Defense, the
Secretary of State, and the Secretary of Homeland Security, may
designate and block the property and interests in property, subject to
U.S. jurisdiction, of foreign persons he determines to be: (1)
Materially assisting in, or providing financial or technological
support for or to, or providing goods or services in support of, the
international narcotics trafficking activities of a person designated
pursuant to the Kingpin Act; (2) owned, controlled, or directed by, or
acting for or on behalf of, a person designated pursuant to the Kingpin
Act; or (3) playing a significant role in international narcotics
trafficking.
On April 28, 2011, the Director of OFAC determined that the four
entities identified in this notice that were previously Blocked Pending
Investigation are Blocked pursuant to section 805(b) of the Kingpin
Act.
OFAC has made changes to the listings of the following four
entities which were previously Blocked Pending Investigation pursuant
to the Kingpin Act:
1. IAC INTERNATIONAL INC. (a.k.a. I A C INTERNATIONAL INC.; a.k.a.
INTERNATIONAL AIRLINE CONSULTING); 8940 NW 24 Terrace, Miami, FL 33122;
Business Registration Document P9800004558 (United States); US
FEIN 65-0842701 [BPI-SDNTK]
2. AERO CONTINENTE (USA) INC. (a.k.a. AERO CONTINENTE, Inc.), 2858 NW
79 Avenue, Miami, FL 33122; Business Registration Document
P94000013372 (United States); US FEIN 65-0467983 [BPI-SDNTK]
3. CARGO AIRCRAFT LEASING CORP., 2310 NW 55th Court, Ft. Lauderdale, FL
33309; Business Registration Document 93000004034 (United
States); US FEIN 65-0389435 [BPI-SDNTK]
4. INTERNATIONAL PACIFIC TRADING, INC., 2858 NW 79 Avenue, Miami, FL;
US FEIN 65-0315268 (United States); Business Registration Document
V16155 (United States); US FEIN 65-0315268 [BPI-SDNTK]
The listings for these four entities have been updated to Blocked
and appear as follows:
1. IAC INTERNATIONAL INC. (a.k.a. I A C INTERNATIONAL INC.; a.k.a.
INTERNATIONAL AIRLINE CONSULTING); Miami, FL; Business Registration
Document P9800004558 (United States); US FEIN 65-0842701
[SDNTK]
2. AERO CONTINENTE (USA) INC. (a.k.a. AERO CONTINENTE, INC.), Miami,
FL; Business Registration Document P94000013372 (United
States); US FEIN 65-0467983 [SDNTK]
3. CARGO AIRCRAFT LEASING CORP., Ft. Lauderdale, FL; Business
Registration Document 93000004034 (United States); US FEIN 65-
0389435 [SDNTK]
4. INTERNATIONAL PACIFIC TRADING, INC., Miami, FL; Business
Registration Document V16155 (United States); US FEIN 65-
0315268 [SDNTK]
Dated: April 28, 2011.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2011-10786 Filed 5-3-11; 8:45 am]
BILLING CODE 4811-45-P