OFAC: 2 ADDITIONS TO SANCTIONS LISTS AND MANY DELETIONS, PLUS ONE AMENDMENT

ON 25 August, OFAC advised that Taotao ZHANG, a chemist and chemical supplier, and ALLYRISE TECHNOLOGY GROUP CO., LIMITED, both of Hong Kong, had been added to its Specially Designated Narcotics Trafficking Kingpin lists for alleged involved in the supply of fentanyl to the US.  At the same time, a number of individuals and entities in various Latin American states are delisted, with the entry for one other Honduran national amended.  The delisting relate to a now-deceased Honduran money launderer, Jaime Rolando Rosenthal Oliva, and associated companies of the so-called Rosenthal Money Laundering Organization (MLO).

https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20200825.aspx

https://home.treasury.gov/news/press-releases/sm1105

https://home.treasury.gov/news/press-releases/sm1106

https://www.state.gov/designation-of-peoples-republic-of-china-prc-foreign-national-and-hong-kong-entity-under-the-foreign-narcotics-kingpin-designation-act

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

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