OFAC Adds 3 Individuals Tied to Mexican Drug Lord to SDN List
On January 10, 2012, the Office of Foreign Assets Control added three individuals to its "Specially Designated Nationals" list, that have been identified as having ties to Sinaloa Cartel leader Joaquin Guzman Loera (a.k.a. Chapo Guzman), as Specially Designated Narcotics Traffickers (SDNTs) pursuant to the Foreign Narcotics Kingpin Designation Act. SDNs are (i) individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries or (ii) individuals, groups, and entities, such as terrorists and narcotics traffickers designated under programs that are not country-specific. The assets of listed SDNs are blocked and U.S. persons are generally prohibited from dealing with them.
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The following three individuals have been added to OFAC's SDN list:
- ALVAREZ ZEPEDA, Oscar, Avenida Francisco Solis (Mexico) (individual) [SDNTK]
- TORRES HOYOS, Carlos Mario (Colombia) (individual) [SDNTK]
- VALDEZ BENITES, Joel, Avenida (Mexico) (individual) [SDNTK]
Press release from the U.S. Department of the Treasury (dated 01/10/12) available here
OFAC notice (dated 01/10/12) available here. Subsequent Federal Register notice (FR Pub 01/17/12) available here.