September 17, 2019: OFAC designates Venezuelan corruption network

Last Tuesday, OFAC designated the following persons:

RUBIO GONZALEZ, David Nicolas (Latin: RUBIO GONZÁLEZ, David Nicolás), Colombia; DOB 14 Apr 1987; nationality Colombia; Gender Male; Cedula No. 1015399085 (Colombia); Passport PE098803 (Colombia) expires 04 Jun 2024 (individual) [VENEZUELA-EO13850]. 

 

SAAB MORAN, Amir Luis, Barranquilla, Colombia; Miranda, Venezuela; DOB 29 Jul 1970; citizen Colombia; Gender Male; Cedula No. 72170020 (Colombia); alt. Cedula No. 24978833 (Venezuela); Passport PE135124 (Colombia) expires 23 Jun 2026 (individual) [VENEZUELA-EO13850]. 

 

SAAB MORAN, Luis Alberto, Colombia; Rome, Italy; DOB 20 Dec 1976; POB Barranquilla, Colombia; citizen Italy; Gender Male; Cedula No. 72224947 (Colombia); Passport YA6688232 (Italy) expires 20 Oct 2024 (individual) [VENEZUELA-EO13850].

and entities:

AGRO XPO S.A.S., Cr 53 No 82 – 86 Of 410, Barranquilla, Atlantico, Colombia; NIT # 9011991477 (Colombia) [VENEZUELA-EO13850]. 

 

ALAMO TRADING S.A., CL 75 No 66 – 36, Barranquilla, Atlantico, Colombia; NIT # 9000904041 (Colombia) [VENEZUELA-EO13850]. 

 

ANTIQUA DEL CARIBE S.A.S., Via 40 No 71 197, Barranquilla, Atlantico, Colombia; NIT # 9005387011 (Colombia) [VENEZUELA-EO13850]. 

 

AVANTI GLOBAL GROUP S.A.S., Carrera 48 76 10 PI 3, Barranquilla, Atlantico, Colombia; NIT # 9004786647(Colombia) [VENEZUELA-EO13850]. 

 

CORPORACION ACS TRADING S.A.S. (Latin: CORPORACIÓN ACS TRADING S.A.S.), Calle 103 A No. 16 90, Apto. 603, Bogota, D.C., Colombia; NIT # 9004848078 (Colombia) [VENEZUELA-EO13850]. 

 

DIMACO TECHNOLOGY, S.A., Panama City, Panama; Folio Mercantil No. 844226 (Panama) [VENEZUELA-EO13850]. 

 

FUNDACION VENEDIG, Panama City, Panama; Identification Number 36102 (Panama) [VENEZUELA-EO13850]. 

 

GLOBAL DE TEXTILES ANDINO S.A.S., CR 46 67 5, Barranquilla, Atlantico, Colombia; NIT # 9005980294 (Colombia) [VENEZUELA-EO13850]. 

 

GLOBAL ENERGY COMPANY S.A.S., CL 94 No 51 B – 43 PI 4 Of 401, Barranquilla, Atlantico, Colombia; NIT # 9006520120 (Colombia) [VENEZUELA-EO13850]. 

 

GRUPPO DOMANO S.R.L., Via Robert Musil 8, Roma 00137, Italy; Tax ID No. 15250881008 (Italy) [VENEZUELA-EO13850]. 

 

INVERSIONES RODIME S.A., Panama; Folio Mercantil No. 364300 (Panama) [VENEZUELA-EO13850]. 

 

MANARA S.A.S., Cr 53 No 82 – 86 Of 410, Barranquilla, Atlantico, Colombia; NIT # 9011734898 (Colombia) [VENEZUELA-EO13850]. 

 

SAAB CERTAIN & COMPANIA S. EN C. (a.k.a. SAAB CERTAIN AND COMPANIA S. EN C.; a.k.a. SAAB CERTAIN Y COMPANIA S. EN C.), Cr 43 B No 80 – 59, Barranquilla, Atlantico, Colombia; NIT # 9000798817 (Colombia) [VENEZUELA-EO13850]. 

 

SAAFARTEX ZONA FRANCA SAS (a.k.a. COLLECTION CONCEPT S.A.; a.k.a. SAAFARTEX INT. S.A.; a.k.a. SAAFARTEX INTERNATIONAL ZONA FRANCA BARRANQUILLA S.A.; a.k.a. “COCO S.A.”), CL 70 No 41 – 114 Of 101, Barranquilla, Atlantico, Colombia; NIT # 9002257729 (Colombia) [VENEZUELA-EO13850]. 

 

TECHNO ENERGY, S.A., Panama City, Panama; Folio Mercantil No. 843504 (Panama) [VENEZUELA-EO13850]. 

 

VENEDIG CAPITAL S.A.S. (a.k.a. SAABF & COMPANIA S.C.A.; a.k.a. SAABF AND COMPANIA S.C.A.; a.k.a. SAABF Y COMPANIA S.C.A.), CR 53 No 82 – 86 Of 410, Barranquilla, Atlantico, Colombia; NIT # 9002697181 (Colombia) [VENEZUELA-EO13850]. 

 

under its Venezuela sanctions program.

And both Treasury:

PRESS RELEASES

Treasury Increases Pressure on Alex Saab and His Network in Venezuela

New sanctions target family members of Alex Saab and Alvaro Pulido

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three individuals and 16 entities for their connections to Alex Nain Saab Moran (Alex Saab) and his business partner, Alvaro Enrique Pulido Vargas (Alvaro Pulido), who have enabled former President Nicolás Maduro (Maduro) and his illegitimate regime to corruptly profit from imports of food aid and distribution in Venezuela.  The individuals designated today include Alex Saab’s two brothers, Amir Luis Saab Moran (Amir Saab) and Luis Alberto Saab Moran (Luis Saab), as well as Alvaro Pulido’s son, David Enrique Rubio Gonzalez (Rubio).  The 16 entities designated today are owned or controlled by the aforementioned individuals or Alex Saab himself. 

“This action increases pressure on Alex Saab and his network, which have profited off the hunger of the Venezuelan people and facilitate systemic corruption in Venezuela,” said Treasury Secretary Steven Mnuchin.  “Treasury will continue to target those who corruptly profit at the expense of the Venezuelan people.”

OFAC designated Alex Saab and Alvaro Pulido on July 25, 2019 for their involvement in a large-scale network of corruption to obtain valuable business contracts with the Government of Venezuela.  The most notable of these overvalued contracts was with the Government’s food subsidy program titled the Local Committees for Supply and Production, or Los Comités Locales de Abastecimiento y Producción, commonly known as CLAP.  Alex Saab was able to obtain CLAP-related, no-bid, and overvalued contracts from senior Venezuelan political figures through a global network of front and shell companies. Rather than ensure that Venezuela’s vulnerable population receives the food it desperately needs, the regime uses the CLAP program as a means of social control to reward political support and punish criticism.   

The individuals designated today pursuant to E.O. 13850, as amended, are immediate adult family members of, and had business ties to, Alex Saab or Alvaro Pulido, two individuals who are responsible for or complicit in, or have directly or indirectly engaged in, any deceptive or corrupt transaction or series of transactions with the Government of Venezuela or projects or programs administered by the Government of Venezuela:

  • Amir Luis Saab Moran (Amir Saab) has been involved in multiple business ventures with his brother, Alex Saab, most notably the Panama-based Seafire Foundation, which was designated on July 25, 2019, for its involvement in Alex Saab’s corruption network.  As of early 2018, Amir Saab was in charge of the administrations of various companies owned or controlled by Alex Saab.  Four companies owned or controlled by Amir Saab in Colombia and Panama are being designated as a result of today’s action.
  • Luis Alberto Saab Moran (Luis Saab) has been involved in multiple business ventures with his brothers, Alex Saab and Amir Saab.  Eight companies owned or controlled by Luis Saab across Latin America and Europe are being designated as a result of today’s action. 
  • David Nicolas Rubio Gonzalez (Rubio) is the son of Alvaro Pulido and brother of Emmanuel Enrique Rubio Gonzalez, who were previously designated on July 25, 2019.  Rubio is a Director at Global Structure, S.A. and an Assistant Manager at C I Fondo Global De Alimentos LTDA.  Both of these companies were designated on July 25, 2019.  Three additional companies owned or controlled by Rubio in Colombia and Panama are being designated today.

The following companies were designated today for being owned or controlled by, or for having acted or purported to act for or on behalf of, directly or indirectly, Amir Saab, Luis Saab, Rubio, or Alex Saab: 

  • Fundacion Venedig (Panama)
  • Inversiones Rodime S.A. (Panama)
  • Saafartex Zona Franca SAS (Colombia)
  • Venedig Capital S.A.S. (Colombia)
  • AGRO XPO S.A.S. (Colombia)
  • Alamo Trading S.A. (Colombia)
  • Antiqua Del Caribe S.A.S. (Colombia)
  • Avanti Global Group S.A.S. (Colombia)
  • Global Energy Company S.A.S. (Colombia)
  • Gruppo Domano S.R.L. (Italy)
  • Manara S.A.S. (Colombia)
  • Techno Energy, S.A. (Panama)
  • Corporacion ACS Trading S.A.S. (Colombia)
  • Dimaco Technology, S.A. (Panama)
  • Global De Textiles Andino S.A.S. (Colombia)
  • Saab Certain & Compania S. En C. (Colombia)

OFAC closely coordinated these actions with the Drug Enforcement Administration and U.S. Customs and Border Protection’s National Targeting Center, among other U.S. government partners.

As a result of these actions, all property and interests in property of the individuals and entities designated today, and of any entities that are owned, directly or indirectly, 50 percent or more by those individuals or entities, that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC.  OFAC’s regulations generally prohibit all dealings by U.S. persons or within (or transiting) the United States that involve any property of blocked or designated persons.  

U.S. sanctions need not be permanent; sanctions are intended to change behavior.  The United States has made it clear that we will consider lifting sanctions for persons designated under E.O. 13850, as amended, who take concrete and meaningful actions to restore democratic order, refuse to take part in human rights abuses, speak out against abuses committed by the Government of Venezuela, and combat corruption in Venezuela.

For additional information about the methods that Venezuelan senior political figures, their associates, and front persons use to move and hide corrupt proceeds, including how they try to exploit the U.S. financial system and real estate market, please refer to Treasury’s Financial Crimes Enforcement Network (FinCEN) advisories FIN-2019-A002, “Updated Advisory on Widespread Public Corruption in Venezuela;” FIN-2017-A006, “Advisory on Widespread Public Corruption in Venezuela;” FIN-2017-A003, “Advisory to Financial Institutions and Real Estate Firms and Professionals;” and FIN-2018-A003, “Advisory on Human Rights Abuses Enabled by Corrupt Senior Foreign Political Figures and their Financial Facilitators.”

For identifying information on the individuals and entities designated today, click here.

and State:

On September 17, the United States designated three individuals and 16 entities connected with Nicolás Maduro’s associate Alex Saab and his business partner Alvaro Pulido.  This action increases pressure on Saab and Pulido, who were designated on July 25, 2019, for their looting of Venezuela’s food subsidy program.

With this action, the sanctioned individuals and entities will be denied access to the U.S. financial system.  In addition, a freeze will be placed on any U.S. assets associated with such individuals and entities.

Maduro and his associates continue to use a social welfare program as a political weapon, as evidenced by the former regime’s current attempts to coerce beneficiaries into signing an anti-democracy and free speech petition, targeted at President Donald Trump, as a precondition for access to the government-subsidized food program.  Today’s action further degrades the ability of Saab and his associates to use Venezuela’s food subsidy program to steal from the Venezuelan people.

The United States will continue to work with our democratic partners in the region and around the world to support Interim President Guaidó, the democratically elected National Assembly, and the people of Venezuela as they seek to restore constitutional order and democracy to their country.

For more information on today’s action, please refer to the U.S. Department of the Treasury: https://home.treasury.gov/news/press-releases/sm778

issued press releases.

Links:

OFAC Notice

Press Releases – Treasury, State

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s