Notice of OFAC Sanctions Actions, 37155-37156 [2020-13271]
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Federal Register / Vol. 85, No. 119 / Friday, June 19, 2020 / Notices
preceding submission of an LOI. Section
D9 of the Letter of Interest must
demonstrate that the collateral will be
unencumbered at time of closing,
including a description of any lien
release process that would occur prior
to closing on the RRIF loan to render
currently pledged collateral
unencumbered.
(vi) Environmental Clearance: Section
B6 and Attachment B–6 of the Letter of
Interest must demonstrate that either
NEPA review is complete or the project
qualifies for a Categorical Exclusion
under NEPA, in which case Attachment
B–6 must include a completed Federal
Railroad Administration Categorical
Exclusion worksheet with its Letter of
Interest. For projects involving
replacement of existing railroad bridges,
supporting documentation must be
provided that assesses the eligibility of
the bridge for listing in the National
Register of Historic Places and
addressing compliance with Section 106
of the National Historic Preservation
Act.
(vii) Domestic Preference: Section
B4(a) of the Letter of Interest must
demonstrate that the steel, iron, and
manufactured goods used in the project
will be produced in the United States in
accordance with the Federal Railroad
Administration ‘‘RRIF Buy America’’
policy, which follows 49 U.S.C.
24405(a). Projects that require a waiver
are not eligible for the RRIF Express
Program, however, prospective
borrowers can seek a loan from the
overall RRIF program for projects that
require a waiver.
(viii) Project Readiness: Section B4(c)
of the Letter of Interest must
demonstrate the prospective borrower’s
ability to commence the contracting
process for construction of the project
(e.g., issuance of a final RFP) by not
later than 90 days after the date on
which a RRIF credit instrument is
obligated for the project.
V. Letter of Interest Process and Review
and Next Steps
khammond on DSKJM1Z7X2PROD with NOTICES
A. Submission of Letters of Interest
All prospective borrowers seeking
acceptance into the RRIF Express
Program should submit a Letter of
Interest following the instructions
described in this notice of funding
opportunity. The Letter of Interest
should be annotated with ‘‘RRIF
EXPRESS’’ immediately following the
Applicant Name in the Summary
Information section on page one of the
Letter of Interest. The Letter of Interest
must, among other things:
(i) Describe the project and its
components, location, and purpose in
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Section B, and include as Attachment
B–2 the project budget organized
according to construction elements from
preliminary engineering estimates, and
including costs as appropriate for
property, vehicles, professional services,
allocated and unallocated contingency,
and finance charges;
(ii) Outline the proposed financial
plan in Section C, and include the
financial model, that addresses such
aspects as model assumptions, annual
cash flows, balance sheets, income
statements and repayment schedules for
the duration of the loan, as well as
coverage ratios and debt metrics. The
model should allow reviewers the
flexibility to evaluate scenarios in the
native spreadsheet (Microsoft Excel, or
equivalent) format and be included in
the application as Attachment C–1;
(iii) Provide information regarding
satisfaction of other statutory eligibility
requirements of the RRIF credit
program; and
(iv) Provide information regarding
satisfaction of the RRIF Express Program
eligibility criteria (as described in
Section IV above).
Prospective RRIF Express borrowers
should describe in Letter of Interest
Section D8 if the project will (1)
decrease transportation costs and
improve access, especially for rural
communities or communities in
Opportunity Zones,11 through reliable
and timely access to employment
centers and job opportunities; (2)
improve long-term efficiency, reliability
or costs in the movement of workers or
goods; (3) increase the economic
productivity of land, capital, or labor,
including assets in Opportunity Zones;
(4) result in long-term job creation and
other economic opportunities; or (5)
help the United States compete in a
global economy by facilitating efficient
and reliable freight movement. Projects
that bridge gaps in service in rural areas,
and projects that attract private
economic development, all support
local or regional economic
competitiveness.
Letters of Interest must be submitted
using the latest form on the Build
America Bureau website: https://
www.transportation.gov/content/buildamerica-bureau. Other RRIF Express
pilot program information including any
additional terms, conditions, and
requirements can be found on the Build
America Bureau website at: https://
www.transportation.gov/buildamerica/
rrif-express. The Bureau may contact a
prospective borrower for clarification of
11 See https://www.cdfifund.gov/Pages/
Opportunity-Zones.aspx for more information on
Opportunity Zones.
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37155
specific information included in the
Letter of Interest. The Bureau will
review all Letters of Interest properly
filed and received in the submission
time window provided herein.
B. Review and Evaluation
Each Letter of Interest that is properly
filed and received will be evaluated for
completeness and eligibility for the
RRIF Express Program using the criteria
in this notice. This initial step of the
review process will include (1) an
evaluation as to whether the proposed
project and applicant satisfy RRIF
statutory eligibility requirements, and
(2) an evaluation as to whether the
proposed project and applicant satisfy
the RRIF Express Program eligibility
criteria.
The Letters of Interest determined to
be eligible for the RRIF Express Program
will then be advanced to the Bureau’s
creditworthiness review process, which
is an in-depth creditworthiness review
of the project sponsor and the revenue
stream proposed to repay the RRIF
credit assistance as described in the
Programs Guide. The Secretary reserves
the right to limit the number of
applications from a single entity or
subordinates of a single parent or
holding company. Prospective RRIF
borrowers whose RRIF Express Program
Letters of Interest are determined to be
ineligible, but whose projects are
otherwise statutorily eligible for
standard RRIF credit assistance, have
the option to be considered under the
overall RRIF program.
Issued in Washington, DC.
Morteza Farajian,
Executive Director, The Build America
Bureau.
[FR Doc. 2020–13212 Filed 6–18–20; 8:45 am]
BILLING CODE 4910–9X–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
[Case ID: CYBER2–16237]
Notice of OFAC Sanctions Actions
Office of Foreign Assets
Control, Treasury.
ACTION: Notice.
AGENCY:
The Department of the
Treasury’s Office of Foreign Assets
Control (OFAC) is publishing the names
of one or more persons that have been
placed on OFAC’s Specially Designated
Nationals and Blocked Persons List
based on OFAC’s determination that one
or more applicable legal criteria were
satisfied. All property and interests in
SUMMARY:
E:\FR\FM\19JNN1.SGM
19JNN1
37156
Federal Register / Vol. 85, No. 119 / Friday, June 19, 2020 / Notices
property subject to U.S. jurisdiction of
these persons are blocked, and U.S.
persons are generally prohibited from
engaging in transactions with them.
DATES: See SUPPLEMENTARY INFORMATION
section for effective date(s).
FOR FURTHER INFORMATION CONTACT:
OFAC: Associate Director for Global
Targeting, tel.: 202–622–2420; Assistant
Director for Sanctions Compliance &
Evaluation, tel.: 202–622–2490;
Assistant Director for Licensing, tel.:
202–622–2480; Assistant Director for
Regulatory Affairs, tel.: 202–622–4855.
SUPPLEMENTARY INFORMATION:
Electronic Availability
The Specially Designated Nationals
and Blocked Persons List and additional
information concerning OFAC sanctions
programs are available on OFAC’s
website (https://www.treasury.gov/ofac).
Notice of OFAC Actions
On June 16, 2020, OFAC determined
that the property and interests in
property subject to U.S. jurisdiction of
the following persons are blocked under
the relevant sanctions authority listed
below.
khammond on DSKJM1Z7X2PROD with NOTICES
Individuals:
1. BENSON, Nnamdi Orson, Nigeria; DOB
21 Mar 1987; nationality Nigeria; Gender
Male; Passport A06417829 (Nigeria)
(individual) [CYBER2].
Designated pursuant to section 1(a)(iii)(B)
of Executive Order 13694 of April 1, 2015,
‘‘Blocking Property of Certain Persons
Engaging in Significant Malicious CyberEnabled Activities,’’ as amended by
Executive Order 13757 of December 28, 2016,
‘‘Taking Additional Steps to Address the
National Emergency With Respect to
Significant Malicious Cyber-Enabled
Activities,’’ (E.O. 13694, as amended), for
having materially assisted, sponsored, or
provided financial, material, or technological
support for, or goods or services to or in
support of, Richard Izuchukwu UZUH, a
person whose property and interests in
property are blocked pursuant to E.O. 13694,
as amended.
2. KAYODE, Abiola Ayorinde, Nigeria;
DOB 14 Nov 1987; nationality Nigeria;
Gender Male; Passport A05637743 (Nigeria)
(individual) [CYBER2].
Designated pursuant to section 1(a)(iii)(B)
of E.O. 13694, as amended, for having
materially assisted, sponsored, or provided
financial, material, or technological support
for, or goods or services to or in support of,
Richard Izuchukwu UZUH and Micheal
OLORUNYOMI, persons whose property and
interests in property are blocked pursuant to
E.O. 13694, as amended.
3. OGUNSHAKIN, Alex Afolabi, Nigeria;
DOB 23 Feb 1983; nationality Nigeria;
Gender Male; Passport A05285583 (Nigeria)
(individual) [CYBER2].
Designated pursuant to section 1(a)(iii)(B)
of E.O. 13694, as amended, for having
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17:17 Jun 18, 2020
Jkt 250001
materially assisted, sponsored, or provided
financial, material, or technological support
for, or goods or services to or in support of,
Richard Izuchukwu UZUH, a person whose
property and interests in property are
blocked pursuant to E.O. 13694, as amended.
4. OKPOH, Felix Osilama, Nigeria; DOB 09
Mar 1989; nationality Nigeria; Gender Male;
Passport A06415967 (Nigeria) (individual)
[CYBER2].
Designated pursuant to section 1(a)(iii)(B)
of E.O. 13694, as amended, for having
materially assisted, sponsored, or provided
financial, material, or technological support
for, or goods or services to or in support of,
Richard Izuchukwu UZUH, a person whose
property and interests in property are
blocked pursuant to E.O. 13694, as amended.
5. OLORUNYOMI, Micheal, Nigeria; DOB
12 May 1983; nationality Nigeria; Gender
Male; Passport A50143448 (Nigeria)
(individual) [CYBER2].
Designated pursuant to section 1(a)(ii)(D)
of E.O. 13694, as amended, for being
responsible for or complicit in, or having
engaged in, directly or indirectly, cyberenabled activities originating from, or
directed by persons located, in whole or in
substantial part, outside the United States
that are reasonably likely to result in, or have
materially contributed to, a significant threat
to the national security, foreign policy, or
economic health or financial stability of the
United States and that have the purpose or
effect of causing a significant
misappropriation of funds or economic
resources, trade secrets, personal identifiers,
or financial information for commercial or
competitive advantage or private financial
gain.
6. UZUH, Richard Izuchukwu, Nigeria;
DOB 29 Apr 1986; nationality Nigeria;
Gender Male; Passport A05284868 (Nigeria)
(individual) [CYBER2].
Designated pursuant to section 1(a)(ii)(D)
of E.O. 13694, as amended, for being
responsible for or complicit in, or having
engaged in, directly or indirectly, cyberenabled activities originating from, or
directed by persons located, in whole or in
substantial part, outside the United States
that are reasonably likely to result in, or have
materially contributed to, a significant threat
to the national security, foreign policy, or
economic health or financial stability of the
United States and that have the purpose or
effect of causing a significant
misappropriation of funds or economic
resources, trade secrets, personal identifiers,
or financial information for commercial or
competitive advantage or private financial
gain.
Dated: June 16, 2020.
Andrea Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2020–13271 Filed 6–18–20; 8:45 am]
BILLING CODE 4810–AL–P
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DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0342]
Agency Information Collection
Activity: Application and Training
Agreement for Apprenticeship and Onthe-Job Training Programs
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:
The Veterans Benefits
Administration (VBA), Department of
Veterans Affairs (VBA), is announcing
an opportunity for public comment on
the proposed collection of certain
information by the agency. Under the
Paperwork Reduction Act (PRA) of
1995, Federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information, including each proposed
extension of a currently approved
collection, and allow 60 days for public
comment in response to the notice.
DATES: Written comments and
recommendations on the proposed
collection of information should be
received on or before August 18, 2020.
ADDRESSES: Submit written comments
on the collection of information through
Federal Docket Management System
(FDMS) at www.Regulations.gov or to
Nancy J. Kessinger, Veterans Benefits
Administration (20M33), Department of
Veterans Affairs, 810 Vermont Avenue
NW, Washington, DC 20420 or email to
nancy.kessinger@va.gov. Please refer to
‘‘OMB Control No. 2900–0342’’ in any
correspondence. During the comment
period, comments may be viewed online
through FDMS.
FOR FURTHER INFORMATION CONTACT:
Danny S. Green at (202) 421–1354.
SUPPLEMENTARY INFORMATION: Under the
PRA of 1995, Federal agencies must
obtain approval from the Office of
Management and Budget (OMB) for each
collection of information they conduct
or sponsor. This request for comment is
being made pursuant to Section
3506(c)(2)(A) of the PRA.
With respect to the following
collection of information, VBA invites
comments on: (1) Whether the proposed
collection of information is necessary
for the proper performance of VBA’s
functions, including whether the
information will have practical utility;
(2) the accuracy of VBA’s estimate of the
burden of the proposed collection of
information; (3) ways to enhance the
quality, utility, and clarity of the
information to be collected; and (4)
ways to minimize the burden of the
SUMMARY:
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Agencies
[Federal Register Volume 85, Number 119 (Friday, June 19, 2020)]
[Notices]
[Pages 37155-37156]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-13271]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
[Case ID: CYBER2-16237]
Notice of OFAC Sanctions Actions
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing the names of one or more persons that have
been placed on OFAC's Specially Designated Nationals and Blocked
Persons List based on OFAC's determination that one or more applicable
legal criteria were satisfied. All property and interests in
[[Page 37156]]
property subject to U.S. jurisdiction of these persons are blocked, and
U.S. persons are generally prohibited from engaging in transactions
with them.
DATES: See SUPPLEMENTARY INFORMATION section for effective date(s).
FOR FURTHER INFORMATION CONTACT: OFAC: Associate Director for Global
Targeting, tel.: 202-622-2420; Assistant Director for Sanctions
Compliance & Evaluation, tel.: 202-622-2490; Assistant Director for
Licensing, tel.: 202-622-2480; Assistant Director for Regulatory
Affairs, tel.: 202-622-4855.
SUPPLEMENTARY INFORMATION:
Electronic Availability
The Specially Designated Nationals and Blocked Persons List and
additional information concerning OFAC sanctions programs are available
on OFAC's website (https://www.treasury.gov/ofac).
Notice of OFAC Actions
On June 16, 2020, OFAC determined that the property and interests
in property subject to U.S. jurisdiction of the following persons are
blocked under the relevant sanctions authority listed below.
Individuals:
1. BENSON, Nnamdi Orson, Nigeria; DOB 21 Mar 1987; nationality
Nigeria; Gender Male; Passport A06417829 (Nigeria) (individual)
[CYBER2].
Designated pursuant to section 1(a)(iii)(B) of Executive Order
13694 of April 1, 2015, ``Blocking Property of Certain Persons
Engaging in Significant Malicious Cyber-Enabled Activities,'' as
amended by Executive Order 13757 of December 28, 2016, ``Taking
Additional Steps to Address the National Emergency With Respect to
Significant Malicious Cyber-Enabled Activities,'' (E.O. 13694, as
amended), for having materially assisted, sponsored, or provided
financial, material, or technological support for, or goods or
services to or in support of, Richard Izuchukwu UZUH, a person whose
property and interests in property are blocked pursuant to E.O.
13694, as amended.
2. KAYODE, Abiola Ayorinde, Nigeria; DOB 14 Nov 1987;
nationality Nigeria; Gender Male; Passport A05637743 (Nigeria)
(individual) [CYBER2].
Designated pursuant to section 1(a)(iii)(B) of E.O. 13694, as
amended, for having materially assisted, sponsored, or provided
financial, material, or technological support for, or goods or
services to or in support of, Richard Izuchukwu UZUH and Micheal
OLORUNYOMI, persons whose property and interests in property are
blocked pursuant to E.O. 13694, as amended.
3. OGUNSHAKIN, Alex Afolabi, Nigeria; DOB 23 Feb 1983;
nationality Nigeria; Gender Male; Passport A05285583 (Nigeria)
(individual) [CYBER2].
Designated pursuant to section 1(a)(iii)(B) of E.O. 13694, as
amended, for having materially assisted, sponsored, or provided
financial, material, or technological support for, or goods or
services to or in support of, Richard Izuchukwu UZUH, a person whose
property and interests in property are blocked pursuant to E.O.
13694, as amended.
4. OKPOH, Felix Osilama, Nigeria; DOB 09 Mar 1989; nationality
Nigeria; Gender Male; Passport A06415967 (Nigeria) (individual)
[CYBER2].
Designated pursuant to section 1(a)(iii)(B) of E.O. 13694, as
amended, for having materially assisted, sponsored, or provided
financial, material, or technological support for, or goods or
services to or in support of, Richard Izuchukwu UZUH, a person whose
property and interests in property are blocked pursuant to E.O.
13694, as amended.
5. OLORUNYOMI, Micheal, Nigeria; DOB 12 May 1983; nationality
Nigeria; Gender Male; Passport A50143448 (Nigeria) (individual)
[CYBER2].
Designated pursuant to section 1(a)(ii)(D) of E.O. 13694, as
amended, for being responsible for or complicit in, or having
engaged in, directly or indirectly, cyber-enabled activities
originating from, or directed by persons located, in whole or in
substantial part, outside the United States that are reasonably
likely to result in, or have materially contributed to, a
significant threat to the national security, foreign policy, or
economic health or financial stability of the United States and that
have the purpose or effect of causing a significant misappropriation
of funds or economic resources, trade secrets, personal identifiers,
or financial information for commercial or competitive advantage or
private financial gain.
6. UZUH, Richard Izuchukwu, Nigeria; DOB 29 Apr 1986;
nationality Nigeria; Gender Male; Passport A05284868 (Nigeria)
(individual) [CYBER2].
Designated pursuant to section 1(a)(ii)(D) of E.O. 13694, as
amended, for being responsible for or complicit in, or having
engaged in, directly or indirectly, cyber-enabled activities
originating from, or directed by persons located, in whole or in
substantial part, outside the United States that are reasonably
likely to result in, or have materially contributed to, a
significant threat to the national security, foreign policy, or
economic health or financial stability of the United States and that
have the purpose or effect of causing a significant misappropriation
of funds or economic resources, trade secrets, personal identifiers,
or financial information for commercial or competitive advantage or
private financial gain.
Dated: June 16, 2020.
Andrea Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2020-13271 Filed 6-18-20; 8:45 am]
BILLING CODE 4810-AL-P