[Federal Register Volume 76, Number 70 (Tuesday, April 12, 2011)]
[Notices]
[Pages 20452-20453]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-8678]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Unblocking of Specially Designated Nationals and Blocked Persons
Pursuant to the Foreign Narcotics Kingpin Designation Act
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Notice.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (``OFAC'') is publishing the name of one entity whose property
and interests in property has been unblocked pursuant to the Foreign
Narcotics Kingpin Designation Act (``Kingpin Act'') (21 U.S.C. 1901-
1908, 8 U.S.C. 1182).
DATES: The unblocking and removal from the list of Specially Designated
Nationals and Blocked Persons (``SDN List'') of the entity identified
in this notice whose property and interests in property was blocked
pursuant to the Kingpin Act, is effective on March 30, 2011.
FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance
Outreach & Implementation, U.S. Department of the Treasury, Office of
Foreign Assets Control, Washington, DC 20220, tel.: (202) 622-2420.
SUPPLEMENTARY INFORMATION:
Electronic and Facsimile Availability
This document and additional information concerning OFAC are
available from OFAC's Web site (http://www.treas.gov/ofac) or via
facsimile through a 24-hour fax-on-demand service at (202) 622-0077.
Background
The Kingpin Act became law on December 3, 1999. The Act provides a
statutory framework for the President to impose sanctions against
significant foreign narcotics 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. persons and entities.
[[Page 20453]]
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 consults 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 when designating and
blocking the property or interests in property, subject to U.S.
jurisdiction, of foreign persons found 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 March 30, 2011, the Director of OFAC removed from the SDN list
the entity listed below, whose property and interests in property were
blocked pursuant to the Kingpin Act:
MERCURIO INTERNACIONAL S.A., Transversal 71D No. 26-94 Sur,
Local 3504, Bogota, Colombia; Avenida Carrera 15 No. 100-69, Oficina
303, Bogota, Colombia; Carrera 15 No. 93-60 Local 205, Bogota,
Colombia; Calle 5 No. 50-103, Local C108, Cali, Colombia; Carrera 1
No. 61A-30, Locales 80 y 81, Cali, Colombia; Calle 19 No. 6-48,
Oficinas 403 y 404, Pereira, Colombia; Carrera 14 No. 18-56, Locales
34 y 35, Piso 3, Armenia, Colombia; Carrera 43A No. 34-95, Local
253, Medellin, Colombia; Carrera 54 No. 72-147, Local 144,
Barranquilla, Colombia; NIT 830063708-7 (Colombia) [SDNTK]
Dated: March 30, 2011.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2011-8678 Filed 4-11-11; 8:45 am]
BILLING CODE 4810-AL-P