E8-10600. Additional Designations, Foreign Narcotics Kingpin Designation Act

AGENCY:

Office of Foreign Assets Control, Treasury.

ACTION:

Notice.

SUMMARY:

The Treasury Department's Office of Foreign Assets Control (“OFAC”) is publishing the name of one additional entity whose property and interests in property has been blocked pursuant to the Foreign Narcotics Kingpin Designation Act (“Kingpin Act”) (21 U.S.C. 1901-1908, 8 U.S.C. 1182).

DATES:

The designation by the Secretary of the Treasury of the one entity identified in this notice pursuant to section 805(b) of the Kingpin Act is effective on May 7, 2008.

FOR FURTHER INFORMATION CONTACT:

Assistant Director, Compliance Outreach & Implementation, Office of Foreign Assets Control, Department of the Treasury, Washington, DC 20220, tel.: [phone].

SUPPLEMENTARY INFORMATION:

Electronic and Facsimile Availability

This document and additional information concerning OFAC are available on OFAC's Web site (http://www.treas.gov/​ofac) or via facsimile through a 24-hour fax-on demand service, tel.: [phone].

Background

The Kingpin Act became law on December 3, 1999. The Kingpin Act establishes a program targeting the activities of significant foreign narcotics traffickers and their organizations on a worldwide basis. It provides a statutory framework for the President to impose sanctions against significant foreign narcotics traffickers and their organizations on a worldwide basis, with the objective of denying their businesses and agents access to the U.S. financial system and to the benefits of trade and transactions involving U.S. companies and individuals.

The Kingpin Act blocks all property and interests in property, subject to U.S. jurisdiction, owned or controlled by significant foreign narcotics traffickers as identified by the President. In addition, the Kingpin Act blocks the property and interests in property, subject to U.S. jurisdiction, of foreign persons designated by the Secretary of Treasury, in consultation with the Attorney General, the Director of Central Intelligence, the Director of the Federal Bureau of Investigation, the Administrator of the Drug Enforcement Administration, the Secretary of Defense, the Secretary of State, and the Secretary of Homeland Security who are found to be: (1) Materially assisting in, or providing financial or technological support for or to, or providing goods or services in support of, the international narcotics trafficking activities of a person designated pursuant to the Kingpin Act; (2) owned, controlled, or directed by, or acting for or on behalf of, a person designated pursuant to the Kingpin Act; or (3) playing a significant role in international narcotics trafficking.

On May 7, 2008, OFAC designated an additional entity whose property and interests in property are blocked pursuant to section 805(b) of the Foreign Narcotics Kingpin Designation Act.

The additional designee is as follows:

1. MERCURIO INTERNACIONAL S.A., Avenida Carrera 15 No. 100-69, Oficina 303, Bogota, Colombia; Carrera 15 No. 93-60 Local 205, Bogota, Colombia; Transversal 71D No. 26-94 Sur, Local 3504, Bogota, Colombia; Calle 5 No. 50-103, Local C108, Cali, Colombia; Carrera 1 No. 61A-30, Locales 80 y 81, Cali, Colombia; Calle 19 No. 6-48, Oficinas 403 y 404, Pereira, Colombia; Carrera 14 No. 18-56, Locales 34 y 35, Piso 3, Armenia, Colombia; Carrera 43A No. 34-95, Local 253, Medellin, Colombia; Carrera 54 No. 72-147, Local 144, Barranquilla, Colombia; NIT #830063708-7 (Colombia); (ENTITY) [SDNTK].

Dated: May 7, 2008.

Adam J. Szubin,

Director, Office of Foreign Assets Control.