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OFAC adds to Cuba and Nicaragua sanctions

Today, OFAC added the following persons:

AGUILAR GARCIA, Marvin Ramiro, Altos de Motastepe Casa No 430, Managua, Nicaragua; DOB 10 Jan 1957; POB Chontales, Nicaragua; nationality Nicaragua; Gender Male; Passport A0008313 (Nicaragua) issued 03 Jun 2009 expires 02 Jun 2014 (individual) [NICARAGUA]. 
 
DOMINGUEZ ALVAREZ, Fidel De Jesus, Altos E San Isidro A15, Managua, Nicaragua; DOB 21 Mar 1963; POB Rivas, Nicaragua; nationality Nicaragua; Gender Male (individual) [NICARAGUA]. 
 
GUTIERREZ MERCADO, Walmaro Antonio, KM. 43.5 South Road Panamerican, South Panamerican Highway, Diriamba, Carazo, Nicaragua; DOB 05 May 1968; POB Managua, Nicaragua; nationality Nicaragua; Gender Male; Passport A0007922 (Nicaragua) issued 25 Sep 2007 expires 24 Sep 2012 (individual) [NICARAGUA]. 

to its Nicaragua-related sanctions, and the following entities:

FINANCIERA CIMEX S.A (a.k.a. FINCIMEX), Calle 8, Entre 3ra Y 5ta Ave, 319 Playa, Havana, Cuba; Panama; RUC # 12555-91-124494 (Panama) [CUBA]. 
 
GRUPO DE ADMINISTRACION EMPRESARIAL S.A. (a.k.a. GAESA; a.k.a. “GRUPO GAE”), Edificio de la Marina, Avenida Del Puerto Y Brapia, Havana, Cuba; Organization Established Date 28 Feb 1999; Organization Type: Activities of holding companies [CUBA]. 
 
KAVE COFFEE S.A. (a.k.a. KAVE COFFEE S A), Panama; Calle A No. 310 entre 3ra y 5ta, Municipio Playa, Havana, Cuba; RUC # 22044-123-197519 (Panama) [CUBA]. 

to its Cuba program.

And Treasury issued two press releases – one for Cuba:

PRESS RELEASES

Treasury Identifies Cuban State-Owned Businesses for Sanctions Evasion

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) identified three entities controlled by the Cuban military with strategic roles in the Cuban economy. Two of the entities, Financiera Cimex S.A. and Kave Coffee, S.A., are subsidiaries of the third entity, the large Cuban government enterprise Grupo de Administración Empresarial S.A., and use their Panamanian incorporation to subvert international trade restrictions.

“The Trump administration remains committed to targeting the Cuban regime for its malign behavior and attempts to circumvent United States sanctions,” said Secretary Steven T. Mnuchin.

The following entities are being identified on the List of Specially Designated Nationals and Blocked Persons by OFAC pursuant to the Cuban Assets Control Regulations (CACR), 31 C.F.R. part 515.

GRUPO DE ADMINISTRACIÓN EMPRESARIAL S.A.

Grupo de Administración Empresarial S.A. (GAESA) is a Cuban military-controlled umbrella enterprise with interests in the tourism, financial investment, import/export, and remittance sectors of Cuba’s economy. GAESA’s portfolio includes businesses incorporated in Panama to bypass CACR-related restrictions.

FINANCIERA CIMEX S.A.

Financiera Cimex S.A. (FINCIMEX) is a financial investment and remittance company owned by GAESA and incorporated in Panama. FINCIMEX is authorized by the Central Bank of Cuba to finance export operations, conduct financial leasing operations, and handle commercial distribution of remittance cards.

KAVE COFFEE, S.A.

Kave Coffee, S.A. (Kave) is a coffee company domiciled in Havana, Cuba, and incorporated in Panama. Kave is an indirect subsidiary of GAESA and serves as a leading commodity company based around the nationalized “Cubita” coffee brand.

For more information on Cuba sanctions, click here.

STATE DEPARTMENT INFORMATION

GAESA and FINCIMEX are also listed on the State Department’s List of Restricted Entities and Subentities Associated with Cuba (“Cuba Restricted List” or “CRL”).  The CRL is a list of entities and subentities under the control of, or acting for or on behalf of, the Cuban military, intelligence, or security services or personnel with which direct financial transactions would disproportionately benefit such services or personnel at the expense of the Cuban people or private enterprise in Cuba.

For more information on the additional restrictions on GAESA, FINCIMEX, and other entities and subentities by virtue of their listing on the CRL, please see 31 C.F.R. part 515.209.

and one for Nicaragua:

PRESS RELEASES

Treasury Sanctions Three Nicaraguan Officials Supporting Ortega Regime

WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated the Vice President of the Nicaraguan Supreme Court of Justice, Marvin Ramiro Aguilar Garcia; a Deputy of the National Assembly, Walmaro Antonio Gutierrez Mercado; and a Chief of the Nicaraguan National Police in Leon, Fidel De Jesus Dominguez Alvarez, in an effort to target government officials that continue to assist the Ortega regime’s effort to undermine Nicaragua’s democracy. The individuals designated today each are responsible for coopting judicial or financial reporting mechanisms to support the Ortega regime’s systematic identification, intimidation, and punishment of political opposition.

“President Ortega and his regime prioritize personal gain and power over Nicaraguans’ calls for reform,” said Secretary Steven T. Mnuchin. “This Administration remains committed to targeting the Ortega regime by seeking out and exposing those who continue to suppress the democratic will of the Nicaraguan people.”

Today’s action, taken pursuant to Executive Order (E.O.) 13851, “Blocking Property of Certain Persons Contributing to the Situation in Nicaragua,” targets high-level officials acting on behalf of the Ortega regime.

MARVIN RAMIRO AGUILAR GARCIA

Marvin Ramiro Aguilar Garcia (Aguilar) was designated for being an official of the Government of Nicaragua or for having served as an official of the Government of Nicaragua at any time on or after January 10, 2007. Aguilar is the Vice President of the Supreme Court, National Political Secretary of the Sandinista Leadership Council, and a member of the Council for the Administration and Judicial Career of the Nicaraguan Supreme Court of Justice, which ensures regime supporters are selected for key posts. As the National Political Secretary, Aguilar is in direct contact with President Daniel Ortega and Vice President Rosario Murillo and reportedly coordinates the targeting of pro-democracy opposition members.

WALMARO ANTONIO GUTIERREZ MERCADO

Walmaro Antonio Gutierrez Mercado (Gutierrez) was designated for being an official of the Government of Nicaragua or for having served as an official of the Government of Nicaragua at any time on or after January 10, 2007. Gutierrez is a Deputy of the National Assembly and President of the Production, Economic, and Budget Commission. He publicly supported the controversial Foreign Agents Law, which specifies that individuals and entities in Nicaragua that receive foreign funds must generally register and file detailed monthly reports with the Interior Ministry. This law, which contemplates fines and other legal sanctions for noncompliance, will likely be invoked to target key individuals or organizations that the government deems to be a threat. The law will also affect implementers of humanitarian and democracy programs in country, as contractors may not want to risk being a target of the regime due to their work with international development organizations.

FIDEL DE JESUS DOMINGUEZ ALVAREZ

Fidel De Jesus Dominguez Alvarez (Dominguez) was designated for being an official of the Government of Nicaragua or for having served as an official of the Government of Nicaragua at any time on or after January 10, 2007. Dominguez is the Chief of the Nicaraguan National Police in Leon, and has reportedly directed numerous assaults on Nicaraguan citizens and journalists. For example, Nicaraguan National Police officials assaulted a journalist during a police operation at Dominguez’s direction. Dominguez was also reportedly involved in the torture and beatings of a former opposition deputy and three members of a family of well-known opponents of the Ortega regime.

SANCTIONS IMPLICATIONS

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

Links:

OFAC Notice

Treasury Press Releases: Cuban Designations, Nicaragua Designations

Categories: Cuba Sanctions Nicaragua sanctions OFAC Updates Sanctions Lists

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