On Tuesday Congress finally passed the Darfur Peace and Accountability Act of 2006, which broadens somewhat the existing sanctions scheme in place against Sudan. Under the existing scheme, U.S. companies and individuals may not engage in transactions with senior officials…
In its relentless quest to keep America safe from terrorism, OFAC recently fined a group of Baptists missionaries $34,000 who were on licensed travel to Cuba and who stayed in a hotel near the beach and visited Old Town Havana.…
In today’s Federal Register, OFAC announced new restrictions it is imposing on Iran’s Bank Saderat. The bank, which is state-owned, is one of the largest banks in Iran. Under the new rules, effective retroactively to September 8, 2006, exceptions in…
A news item in The Register reports that U.K citizen and government employee Mohammed Hassan has been told by PayPal that his account will be closed if he doesn’t fax to them his passport, a driver’s license, a utility bill,…
On August 24, OFAC announced the removal of Yusaf Ahmed Ali from the list of Specially Designated Nationals. This might lead you to wonder how this could happen. How could Mr. Ali be a terrorist one day and not a…