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I won my bet – times 2!

My guess was that today’s Global Magnitsky designations were for corruption – I guessed well. Here’s the State Department press release for the sanctioned entity: Sanctions on Nabah Ltd. Owned or Controlled by Corrupt Businessman Ashraf Al-Cardinal PRESS STATEMENT MICHAEL R. POMPEO, SECRETARY OF STATE SEPTEMBER 15, 2020 Share Today, […]

1MDB-related settlement of civil forfeiture cases

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Wednesday, September 2, 2020 United States Reaches Settlement to Recover more than $60 Million Involving Malaysian Sovereign Wealth Fund The Department of Justice has reached a settlement of its civil forfeiture cases against assets acquired by Riza Aziz utilizing funds […]

Sanctions and Visa Restrictions for 4 Ugandans

OFAC added the following persons: ECOBU, Patrick (a.k.a. MUKISA, Patrick), Uganda; DOB 29 Jan 1976; nationality Uganda; Gender Male; National ID No. 001278331 (Uganda) (individual) [GLOMAG].  MIREMBE, Dorah, Uganda; DOB 27 Feb 1979; nationality Uganda; Gender Female; National ID No. 001278404(Uganda) (individual) [GLOMAG]. MUKIIBI, Moses, Uganda; DOB 09 May 1954; POB Bugobango Village, […]

Ever wonder about those recent INA designations?

I just found this In Focus report from the Congressional Review Service which talks about various tools targeting foreign corruption and human rights abuses. It discusses Section 7031(c), the Global Magnitsky OFAC sanctions program, and Section 212 of the Immigration and Naturalization Act (INA), among others. Personally, I was horrified […]

SEC Charges Cardinal Health with FCPA violations

Press Release SEC Charges Cardinal Health With FCPA Violations FOR IMMEDIATE RELEASE2020-48 Washington D.C., Feb. 28, 2020 — The Securities and Exchange Commission today announced that Ohio-based pharmaceutical company Cardinal Health, Inc. has agreed to pay more than $8 million to resolve charges that it violated the books and records and […]