SETTLEMENT AGREEMENT BETWEEN OFAC AND NEW YORK LOBBYING FIRM OVER ALLEGED TERRORISM SANCTIONS VIOLATIONS

On 21 January, a Notice from OFAC announced that the LLC had agreed to pay $12,150 to settle its potential civil liability for apparent violations of the Global Terrorism Sanctions Regulations, in that it dealt in the property or interests in property of the Al-Barakaat Group of Companies Somalia Limited, a Specially Designated Global Terrorist (SDGT), the New York-based lobbying firm providing lobbying services for Al-Barakaat.

https://content.govdelivery.com/accounts/USTREAS/bulletins/2774d56

https://www.treasury.gov/resource-center/sanctions/CivPen/Documents/20200121_park_strategies.pdf

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017