OFAC Issues China, Nicaragua-Related Sanctions
The Office of Foreign Assets Control on July 17 sanctioned four entities and one person for supporting a U.S.-sanctioned Chinese drug trafficking company. OFAC also sanctioned members of Nicaragua President Daniel Ortega’s inner circle and two Nicaraguan companies.
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The Chinese sanctions target four people for “facilitating payments” for U.S.-sanctioned Zheng Drug Trafficking Organization: Songyan Ji, Longbao Zhang, Guifeng Cheng and Guangfu Zheng. OFAC also designated Global United Biotechnology Inc. for being owned by the Zheng DTO.
The Nicaraguan sanctions target Ortega's son, Juan Carlos Ortega Murillo, and Jose Jorge Mojica Mejia, a personal representative of the Ortegas who creates shell companies to launder money. OFAC also sanctioned Difuso Comunicaciones S.A., which is tied to Juan Ortega, and Mundo Digital S.A., which is tied to Mojica.
OFAC also deleted more than 25 entities from its Specially Designated Nationals List. The deletions include people and entities located in Colombia, Panama and Nicaragua.