Designation of One Entity Pursuant to Executive Order 13448, 13761 [2013-04686]

Download as PDF Federal Register / Vol. 78, No. 40 / Thursday, February 28, 2013 / Notices in property are blocked pursuant to section 805(b) of the Kingpin Act. Electronic and Facsimile Availability This document and additional information concerning OFAC are available on OFAC’s Web site at http://www.treasury.gov/ofac or via facsimile through a 24-hour fax-ondemand service at (202) 622–0077. Individual mstockstill on DSK4VPTVN1PROD with NOTICES Background The Kingpin Act became law on December 3, 1999. The Kingpin Act establishes a program targeting the activities of significant foreign narcotics traffickers and their organizations on a worldwide basis. It provides a statutory framework for the imposition of 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 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 persons who are 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 February 20, 2013, the Director of OFAC designated the following individual whose property and interests VerDate Mar<15>2010 19:12 Feb 27, 2013 Jkt 229001 1. LINARES CASTILLO, Jose Evaristo (a.k.a. ‘‘DON EVARISTO’’); DOB 27 Jul 1965; POB Restrepo, Meta, Colombia; Cedula No. 3273595 (Colombia) (individual) [SDNTK]. Dated: February 20, 2013. Adam J. Szubin, Director, Office of Foreign Assets Control. [FR Doc. 2013–04687 Filed 2–27–13; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Designation of One Entity Pursuant to Executive Order 13448 Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The Treasury Department’s Office of Foreign Assets Control (‘‘OFAC’’) is publishing the name of one entity whose property and interests in property are blocked pursuant to Executive Order 13448 of October 18, 2007 (‘‘Blocking Property and Prohibiting Certain Transactions Related to Burma’’) (‘‘E.O. 13448’’). DATES: The designation by the Director of OFAC of the one entity named in this notice, pursuant to E.O. 13448 is effective February 22, 2013. FOR FURTHER INFORMATION CONTACT: Assistant Director for Sanctions Compliance and Evaluation, Office of Foreign Assets Control, Department of the Treasury, Washington, DC 20220, Tel.: 202/622–2490. SUPPLEMENTARY INFORMATION: SUMMARY: Electronic and Facsimile Availability This document and additional information concerning OFAC are available from OFAC’s Web site (www.treasury.gov/ofac) or via facsimile through a 24-hour fax-on-demand service, Tel.: 202/622–0077. PO 00000 Frm 00144 Fmt 4703 Sfmt 9990 13761 Background On October 18, 2007, President George W. Bush signed E.O. 13448 pursuant to, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701 et. seq.) (IEEPA). In E.O. 13448, President George W. Bush expanded the national emergency declared in Executive Order 13047 of May 20, 1997, and took additional steps with respect to the Government of Burma’s continued repression of the democratic opposition. The President identified twelve individuals and entities in the Annex to E.O. 13448. Section 1 of E.O. 13448 blocks, with certain exceptions, all property and interests in property that are in, or thereafter come within, the United States, or within the possession or control of United States persons, including their overseas branches, of the persons listed in the Annex to E.O. 13448, as well as those persons determined by the Secretary of the Treasury, after consultation with the Secretary of State, to satisfy any of the criteria set forth in subparagraphs (b)(i)—(b)(vi) of Section 1 of E.O. 13448. On February 22, 2013, the Director of OFAC, after consultation with the Department of State, designated, pursuant to one or more of the criteria set forth in Section 1 subparagraphs (b)(i)–(b)(vi) of E.O. 13448, the following entity, whose name has been added to the list of Specially Designated Nationals and Blocked Persons and whose property and interests in property are blocked pursuant to E.O. 13448: AYEYARWADY BANK (a.k.a. AYEYARWADDY BANK LTD; a.k.a. IRRAWADDY BANK), Block (111–112), Asint Myint Zay, Zabu Thiri Township, Nay Pyi Taw, Burma; No. 1 Ywama Curve, Ba Yint Naung Road, Block (2), Hlaing Township, Yangon, Burma; SWIFT/BIC AYAB MM MY [BURMA]. Dated: February 22, 2013. Adam J. Szubin, Director, Office of Foreign Assets Control. [FR Doc. 2013–04686 Filed 2–27–13; 8:45 am] BILLING CODE P E:\FR\FM\28FEN1.SGM 28FEN1

Agencies

[Federal Register Volume 78, Number 40 (Thursday, February 28, 2013)]
[Notices]
[Page 13761]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-04686]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Designation of One Entity Pursuant to Executive Order 13448

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 publishing the name of one entity whose property and 
interests in property are blocked pursuant to Executive Order 13448 of 
October 18, 2007 (``Blocking Property and Prohibiting Certain 
Transactions Related to Burma'') (``E.O. 13448'').

DATES: The designation by the Director of OFAC of the one entity named 
in this notice, pursuant to E.O. 13448 is effective February 22, 2013.

FOR FURTHER INFORMATION CONTACT: Assistant Director for Sanctions 
Compliance and Evaluation, 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 from OFAC's Web site (www.treasury.gov/ofac) or via facsimile 
through a 24-hour fax-on-demand service, Tel.: 202/622-0077.

Background

    On October 18, 2007, President George W. Bush signed E.O. 13448 
pursuant to, inter alia, the International Emergency Economic Powers 
Act (50 U.S.C. 1701 et. seq.) (IEEPA). In E.O. 13448, President George 
W. Bush expanded the national emergency declared in Executive Order 
13047 of May 20, 1997, and took additional steps with respect to the 
Government of Burma's continued repression of the democratic 
opposition. The President identified twelve individuals and entities in 
the Annex to E.O. 13448.
    Section 1 of E.O. 13448 blocks, with certain exceptions, all 
property and interests in property that are in, or thereafter come 
within, the United States, or within the possession or control of 
United States persons, including their overseas branches, of the 
persons listed in the Annex to E.O. 13448, as well as those persons 
determined by the Secretary of the Treasury, after consultation with 
the Secretary of State, to satisfy any of the criteria set forth in 
subparagraphs (b)(i)--(b)(vi) of Section 1 of E.O. 13448.
    On February 22, 2013, the Director of OFAC, after consultation with 
the Department of State, designated, pursuant to one or more of the 
criteria set forth in Section 1 subparagraphs (b)(i)-(b)(vi) of E.O. 
13448, the following entity, whose name has been added to the list of 
Specially Designated Nationals and Blocked Persons and whose property 
and interests in property are blocked pursuant to E.O. 13448:
    AYEYARWADY BANK (a.k.a. AYEYARWADDY BANK LTD; a.k.a. IRRAWADDY 
BANK), Block (111-112), Asint Myint Zay, Zabu Thiri Township, Nay Pyi 
Taw, Burma; No. 1 Ywama Curve, Ba Yint Naung Road, Block (2), Hlaing 
Township, Yangon, Burma; SWIFT/BIC AYAB MM MY [BURMA].

    Dated: February 22, 2013.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2013-04686 Filed 2-27-13; 8:45 am]
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