81 FR 69569 - Unblocking of Specially Designated Nationals and Blocked Persons, Executive Order 12978

DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control

Federal Register Volume 81, Issue 194 (October 6, 2016)

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the name of an individual whose property and interests in property has been unblocked pursuant to Executive Order 12978 of October 21, 1995, ``Blocking Assets and Prohibiting Transactions With Significant Narcotics Traffickers''.

[Federal Register Volume 81, Number 194 (Thursday, October 6, 2016)]
[Notices]
[Pages 69569-69570]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-24186]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Unblocking of Specially Designated Nationals and Blocked Persons, 
Executive Order 12978

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing the name of an individual whose property 
and interests in property has been unblocked pursuant to Executive 
Order 12978 of October 21, 1995, ``Blocking Assets and Prohibiting 
Transactions With Significant Narcotics Traffickers''.

DATES: The unblocking and removal from the list of Specially Designated 
Nationals and Blocked Persons (SDN List) of the individual identified 
in this notice whose property and interests in property were blocked 
pursuant to Executive Order 12978 of October 21, 1995, is effective on 
September 29, 2016.

FOR FURTHER INFORMATION CONTACT: Assistant Director, Sanctions 
Compliance & Evaluation, Department of the Treasury, Office of Foreign 
Assets Control, Washington, DC 20220, Tel: (202) 622-2490.

SUPPLEMENTARY INFORMATION: 

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are 
available from OFAC's Web site at (www.treasury.gov/ofac).

Background

    On October 21, 1995, the President, invoking the authority, inter 
alia, of the International Emergency Economic Powers Act (50 U.S.C. 
1701-1706) (IEEPA), issued Executive Order 12978 (60 FR 54579, October 
24, 1995) (the Order). In the Order, the President declared a national 
emergency to deal with the threat posed by significant foreign 
narcotics traffickers centered in Colombia and the harm that they cause 
in the United States and abroad.
    Section 1 of the Order blocks, with certain exceptions, all 
property and interests in property that are in the United States, or 
that hereafter come within the United States or that are or hereafter 
come within the possession or control of United States persons, of: (1) 
The foreign persons listed in an Annex to the Order; (2) any foreign 
person determined by the Secretary of Treasury, in consultation with 
the Attorney General and the Secretary of State: (a) To play a 
significant role in international narcotics trafficking centered in 
Colombia; or (b) to materially assist in, or provide financial or 
technological support for or goods or services in support of, the 
narcotics trafficking activities of persons designated in or pursuant 
to the Order; and (3) persons determined by the Secretary of the 
Treasury, in consultation with the Attorney General

[[Page 69570]]

and the Secretary of State, to be owned or controlled by, or to act for 
or on behalf of, persons designated pursuant to the Order.
    On September 29, 2016, the Associate Director of the Office of 
Global Targeting removed from the SDN List the individual listed below, 
whose property and interests in property were blocked pursuant to the 
Order:

    RICARDO DIAZ, Alfonso, Calle 15 No. 10-52, La Union, Valle, 
Colombia; c/o CASA GRAJALES S.A., La Union, Valle, Colombia; c/o 
CRETA S.A., La Union, Valle, Colombia; c/o FREXCO S.A., La Union, 
Valle, Colombia; c/o HEBRON S.A., Tulua, Valle, Colombia; c/o WORLD 
WORKING COMERCIALIZADORA INTERNACIONAL S.A., Cali, Colombia; c/o 
FUNDACION CENTRO FRUTICOLA ANDINO, La Union, Valle, Colombia; Cedula 
No. 14950952 (Colombia) (individual) [SDNT].

    Dated: September 29, 2016.
Gregory T. Gatjanis,
Associate Director, Office of Global Targeting, Office of Foreign 
Assets Control.
[FR Doc. 2016-24186 Filed 10-5-16; 8:45 am]
 BILLING CODE 4810-AL-P