OFAC Announces Venezuela-Related Sanctions on Three People, 16 Entities
The Treasury’s Office of Foreign Assets Control sanctioned three people and 16 entities for involvement with the Nicolas Maduro-led regime in Venezuela, Treasury said in a Sept. 17 press release. The people and entities are connected to Alex Nain Saab…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
Moran and his business partner Alvaro Enrique Pulido Vargas, who have helped the Maduro regime to “corruptly profit” from imports of food aid and distribution within the country. The designated people include Saab’s two brothers, Amir Luis Saab Moran and Luis Alberto Saab Moran, and Pulido’s son David Enrique Rubio Gonzalez, Treasury said. The 16 entities -- based in Colombia, Panama and Italy -- are owned or controlled by the sanctioned people.