The Office of Foreign Assets Control (“OFAC”) wrapped up 2017 by issuing a series of high-profile designations generally prohibiting U.S. persons from conducting financial or other transactions with the identified individuals...more
12/27/2017
/ Asset Freeze ,
Bad Actors ,
Corruption ,
Democratic Republic of Congo ,
Economic Sanctions ,
Executive Orders ,
Financial Transactions ,
Government Officials ,
Human Rights ,
Magnitsky Act ,
Mining ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Panama Papers ,
Trump Administration
On Friday, the Department of Justice (“DOJ”) filed a civil forfeiture complaint in the Southern District of Texas seeking recovery of approximately $144 million in assets that allegedly represent the proceeds of foreign...more
7/19/2017
/ Bribery ,
Civil Forfeiture ,
Corruption ,
Department of Justice (DOJ) ,
Energy Sector ,
Extraterritoriality Rules ,
Government Officials ,
Money Laundering ,
Nigeria ,
Oil & Gas ,
Real Estate Market ,
White Collar Crimes
The Executive Vice President of Venezuela, Tareck Zaidan El Aissami Maddah (El Aissami), was designated on Monday by the U.S. Department of Treasury as a Specially Designated Narcotics Trafficker under the Foreign Narcotics...more
2/15/2017
/ Criminal Investigations ,
Foreign Narcotics Kingpin Designation Act ,
Foreign Narcotics Kingpin Sanctions ,
Foreign Official ,
Government Officials ,
Money Laundering ,
Narcotics ,
Office of Foreign Assets Control (OFAC) ,
U.S. Treasury ,
Venezuela ,
White Collar Crimes