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OFAC adds to counter terror and Iran sanctions

Today, OFAC added the following persons:

CHEN, Eric (a.k.a. CHEN, Guo Ping; a.k.a. CHEN, Guoping), Rm 601, No 15, Lane 1299, Dingxiang Rd, Pudong New Area, Shanghai, China; DOB 02 Aug 1968; citizen China; Gender Male; Executive Order 13846 information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS.  Sec. 5(a)(i); alt. Executive Order 13846 information: FOREIGN EXCHANGE.  Sec. 5(a)(ii); alt. Executive Order 13846 information: BANKING TRANSACTIONS.  Sec. 5(a)(iii); alt. Executive Order 13846 information: BLOCKING PROPERTY AND INTERESTS IN PROPERTY.  Sec. 5(a)(iv); alt. Executive Order 13846 information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON.  Sec. 5(a)(v); alt. Executive Order 13846 information: EXCLUSION OF CORPORATE OFFICERS.  Sec. 4(e); Passport ED6535652 (China); alt. Passport G51625684 (China); National ID No. 320919196808023493 (China); Chief Executive Officer, Reach Group; Director, Reach Shipping Lines (individual) [IFCA] (Linked To: REACH HOLDING GROUP SHANGHAI CO., LTD.). 
 
HE, Daniel Y. (a.k.a. HE, Daniel Yi; a.k.a. HE, Yi), China; DOB 06 Jul 1965; POB Hangzhou, China; nationality China; Gender Male; Executive Order 13846 information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS.  Sec. 5(a)(i); alt. Executive Order 13846 information: FOREIGN EXCHANGE.  Sec. 5(a)(ii); alt. Executive Order 13846 information: BANKING TRANSACTIONS.  Sec. 5(a)(iii); alt. Executive Order 13846 information: BLOCKING PROPERTY AND INTERESTS IN PROPERTY.  Sec. 5(a)(iv); alt. Executive Order 13846 information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON.  Sec. 5(a)(v); alt. Executive Order 13846 information: EXCLUSION OF CORPORATE OFFICERS.  Sec. 4(e); Passport G47432853 (China); alt. Passport G30884221 (China); President, Reach Group (individual) [IFCA] (Linked To: REACH HOLDING GROUP SHANGHAI CO., LTD.). 

and entities:

DELIGHT SHIPPING COMPANY LIMITED (a.k.a. DELIGHT SHIPPING CO LTD), Flat 302, 3/F, The Strand, 49 Bonham Strand, Sheung Wan, Hong Kong, China; Room 2604, 26th Floor, Nam Wo Hong Building, 148 Wing Lok Street, Sheung Wan, Hong Kong, China; Executive Order 13846 information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS.  Sec. 5(a)(i); alt. Executive Order 13846 information: FOREIGN EXCHANGE.  Sec. 5(a)(ii); alt. Executive Order 13846 information: BANKING TRANSACTIONS.  Sec. 5(a)(iii); alt. Executive Order 13846 information: BLOCKING PROPERTY AND INTERESTS IN PROPERTY.  Sec. 5(a)(iv); alt. Executive Order 13846 information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON.  Sec. 5(a)(v); C.R. No. 2563215 (Hong Kong); Identification Number IMO 6003121 [IFCA]. 
 
GRACIOUS SHIPPING COMPANY LIMITED (a.k.a. GRACIOUS SHIPPING CO LTD), Flat 302, 3/F, The Strand, 49 Bonham Strand, Sheung Wan, Hong Kong, China; Room 2604, 26th Floor, Nam Wo Hong Building, 148 Wing Lok Street, Sheung Wan, Hong Kong, China; Executive Order 13846 information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS.  Sec. 5(a)(i); alt. Executive Order 13846 information: FOREIGN EXCHANGE.  Sec. 5(a)(ii); alt. Executive Order 13846 information: BANKING TRANSACTIONS.  Sec. 5(a)(iii); alt. Executive Order 13846 information: BLOCKING PROPERTY AND INTERESTS IN PROPERTY.  Sec. 5(a)(iv); alt. Executive Order 13846 information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON.  Sec. 5(a)(v); C.R. No. 2563281 (Hong Kong); Identification Number IMO 6003094 [IFCA]. 
 
NOBLE SHIPPING COMPANY LIMITED (a.k.a. NOBLE SHIPPING CO LTD), Flat 302, 3/F, The Strand, 49 Bonham Strand, Sheung Wan, Hong Kong, China; Room 2604, 26th Floor, Nam Wo Hong Building, 148 Wing Lok Street, Sheung Wan, Hong Kong, China; Executive Order 13846 information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS.  Sec. 5(a)(i); alt. Executive Order 13846 information: FOREIGN EXCHANGE.  Sec. 5(a)(ii); alt. Executive Order 13846 information: BANKING TRANSACTIONS.  Sec. 5(a)(iii); alt. Executive Order 13846 information: BLOCKING PROPERTY AND INTERESTS IN PROPERTY.  Sec. 5(a)(iv); alt. Executive Order 13846 information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON.  Sec. 5(a)(v); C.R. No. 2563285 (Hong Kong); Identification Number IMO 6003103 [IFCA]. 
 
REACH HOLDING GROUP SHANGHAI CO., LTD. (a.k.a. REACH HOLDING GROUP; a.k.a. RENDA INVESTMENT HOLDING GROUP SHANGHAI CO LTD; a.k.a. “REACH GROUP”), Suite F-G, 24/F., World Plaza, No. 855, South Pu Dong Road, Shanghai 200120, China; Suite F-G, 24th Floor, World Plaza, 855, Pudong Nanlu, Pudong Xinqu, Shanghai 200120, China; Part 30, Floor 4, Building 1, No. 39, Jiatai Road, Pilot Free Tra, Shanghai 200120, China; Executive Order 13846 information: BANKING TRANSACTIONS.  Sec. 5(a)(iii); alt. Executive Order 13846 information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS.  Sec. 5(a)(i); alt. Executive Order 13846 information: FOREIGN EXCHANGE.  Sec. 5(a)(ii); alt. Executive Order 13846 information: BLOCKING PROPERTY AND INTERESTS IN PROPERTY.  Sec. 5(a)(iv); alt. Executive Order 13846 information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON.  Sec. 5(a)(v); alt. Executive Order 13846 information: SANCTIONS ON PRINCIPAL EXECUTIVE OFFICERS. Sec. 5(a)(vii); alt. Executive Order 13846 information: EXCLUSION OF CORPORATE OFFICERS.  Sec. 4(e) [IFCA]. 
 
REACH SHIPPING LINES HONG KONG CO., LIMITED (a.k.a. REACH SHIPPING LINES; a.k.a. “REACH SHIPPING”), Unit 2508A 25/F Bank of America Tower 12 Harcourt Rd, Central Hong Kong, Hong Kong, China; RM3403, Qingdao International Finance Center Hongkong MD Road, Qingdao, China; Executive Order 13846 information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS.  Sec. 5(a)(i); alt. Executive Order 13846 information: FOREIGN EXCHANGE.  Sec. 5(a)(ii); alt. Executive Order 13846 information: BANKING TRANSACTIONS.  Sec. 5(a)(iii); alt. Executive Order 13846 information: BLOCKING PROPERTY AND INTERESTS IN PROPERTY.  Sec. 5(a)(iv); alt. Executive Order 13846 information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON.  Sec. 5(a)(v); C.R. No. 2720944 (Hong Kong) [IFCA]. 
 
SUPREME SHIPPING COMPANY LIMITED (a.k.a. SUPREME SHIPPING CO LTD), Flat 302, 3/F, The Strand, 49 Bonham Strand, Sheung Wan, Hong Kong, China; Room 2604, 26th Floor, Nam Wo Hong Building, 148 Wing Lok Street, Sheung Wan, Hong Kong, China; Executive Order 13846 information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS.  Sec. 5(a)(i); alt. Executive Order 13846 information: FOREIGN EXCHANGE.  Sec. 5(a)(ii); alt. Executive Order 13846 information: BANKING TRANSACTIONS.  Sec. 5(a)(iii); alt. Executive Order 13846 information: BLOCKING PROPERTY AND INTERESTS IN PROPERTY.  Sec. 5(a)(iv); alt. Executive Order 13846 information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON.  Sec. 5(a)(v); C.R. No. 2563315 (Hong Kong); Identification Number IMO 6003117 [IFCA]. 

to its Iran sanctions program (under its Iran Freedom and Counter-Proliferation Act or IFCA authorities).

It also added the following person:

TALIB, Ahmed Luqman (a.k.a. TALEB, Adam Ahmad), Australia; Turkey; Qatar; Brazil; DOB 12 Feb 1990; POB Birmingham, United Kingdom; nationality Australia; Gender Male; Passport N7693460 (Australia) expires 17 Jan 2024; alt. Passport N5230514 (Australia) expires 29 Jul 2021; alt. Passport M6215165 (Australia) expires 24 Jan 2012; alt. Passport 137492291 (Venezuela) expires 17 Jul 2021 (individual) [SDGT] (Linked To: AL QA’IDA). 

and his company:

TALIB AND SONS PTY LTD, 21 Anthony Dr, 3149 Mt Waverly, Victoria, Australia; Company Number 633227488 (Australia) [SDGT] (Linked To: TALIB, Ahmed Luqman). 

to the counter terrorism sanctions program.

And Treasury:

PRESS RELEASES

Treasury Designates al-Qa’ida Financial Facilitator

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Australia-based al-Qa’ida-associated facilitator Ahmed Luqman Talib for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Al-Qa’ida. Additionally, OFAC also designated one company, Talib and Sons, for being owned, controlled, or directed by Ahmed Luqman Talib.

“Terrorist groups such as al-Qa’ida use financial facilitators to move money around the world to help carry out terrorist activity,” said Secretary Steven T. Mnuchin. “The Treasury Department remains committed to disrupting al-Qa’ida’s financial activities and networks around the world and appreciates the collaboration with our Australian partners.”

This individual and entity have been designated pursuant to Executive Order (E.O.) 13224, as amended, which, among other things, targets those who have committed acts of terrorism and those who have materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of such acts or of persons previously designated under the E.O.

AHMED LUQMAN TALIB

Ahmed Luqman Talib has materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, al-Qa’ida, an entity listed in the Annex of E.O. 13224.

Talib is involved in operational and facilitation activities on behalf of al-Qa’ida-linked groups, including providing assistance in the movement of individuals and finances internationally in furtherance of al-Qa’ida objectives.

Talib has had financial dealings in a number of countries and is involved in dealing gemstones, which provide him with the ability to move funds internationally for the benefit of al-Qa’ida. Talib conducts business around the world, including in Brazil, Colombia, Sri Lanka, Tanzania, Turkey, and the Gulf.

TALIB AND SONS PTY LTD

According to publicly available information, Talib and Sons is owned, controlled, or directed by Ahmed Luqman Talib. Talib and Sons is a gemstone company located in Melbourne, Australia.

SANCTIONS IMPLICATIONS

As a result of today’s action, all property and interests in property of these targets that are in or come within the United States or the possession or control of U.S. persons must be blocked and reported to OFAC. OFAC’s regulations generally prohibit all dealings by U.S. persons or within the United States (including transactions transiting the United States) that involve any property or interests in property of blocked persons. In addition, persons that engage in certain transactions with the individual designated today may themselves be exposed to sanctions or subject to an enforcement action.

Furthermore, any foreign financial institution that has knowingly conducted or facilitated any significant transaction on behalf of individuals and entities designated today could be subject to U.S. correspondent account or payable-through account sanctions.

and State:

Today, the United States continued to disrupt the financial and logistical networks that support Al Qa’ida (AQ) operations in the Middle East and around the world by designating a financial facilitator.  Ahmed Luqman Talib is being designated pursuant to Executive Order 13224 for having materially assisted, sponsored, or provided financial or material support for, or goods or services to or in support of, AQ.  Additionally, the company Talib and Sons, which is owned, controlled, or directed by Talib, is being designated.

Ahmed Luqman Talib is involved in operational and facilitation activities on behalf of Al Qa’ida, in furtherance of AQ objectives.

Talib and Sons PTY LTD, a gemstone company located in Australia, is owned, controlled, or directed by Ahmed Luqman Talib.  Talib has had financial dealings in a number of countries, and his business dealing in gemstones has provided him the ability to move funds internationally for the benefit of AQ.

The United States has made significant progress in degrading AQ’s support networks around the world.  We will not relent in our efforts to target AQ’s terrorist activities and those who support them.

issued press releases about the counter terror designations.

Note: The OFAC notice had a link to the press release – yay!

Links:

OFAC Notice

Press Releases: Treasury, State

Categories: Iranian Sanctions OFAC Updates Sanctions Lists Terrorism

eric9to5

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