MEXICAN COURT UNFREEZES BANK ACCOUNT OF COMPANY BLACKLISTED BY US FOR TRADING WITH VENEZUELA

On 22 September, the Mercopress reported that a Mexican court has unfrozen the bank accounts of a local company blacklisted by the US for trading in oil with Venezuelan state oil firm PDVSA despite US sanctions.  However, Mexico’s FIU said it disagreed with the decision by a local judge to unfreeze Libre Abordo’s bank accounts and said it had filed an appeal.

https://en.mercopress.com/2020/09/22/mexican-court-unfreezes-bank-account-of-company-blacklisted-by-us-for-trading-with-venezuela

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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