OFAC Releases 2011 Terrorist Assets Report
The Office of Foreign Assets Control has released its calendar year 2011 annual report to Congress on assets in the U.S. relating to terrorist countries and international terrorism program designees. The report provides figures for blocked funds in the U.S. relating to international terrorist organizations, state sponsors of terrorism, and non-blocked funds relating to Iran and Syria.
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The total funds blocked relating to international terrorist organizations as of 2011 is $21,109,888 (up from $17,638,123 as of 2010). The total funds blocked in 2011 relating to state sponsors of terrorism in the U.S. is $398.6 million (up from $309.5 million in 2010) and includes the following: (i) Cuba - $245 million; (ii) Iran - $55.4 million; (iii) Sudan - $20.9 million; and (iv) Syria -- $77.3 million. The total of non-blocked funds was $72 million for Iran and $50 million for Syria.
OFAC's report is available here.