OFAC Issues, Removes Zimbabwean Designations
The Office of Foreign Assets Control sanctioned Zimbabwean businessman Kudakwashe Regimond Tagwirei and his company, Sakunda Holdings, for supporting Zimbabwe’s government, OFAC said Aug. 5. OFAC said Tagwirei used his relationship with government officials to secure state contracts and “receive favored access to hard currency,” earning millions of U.S. dollars.
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OFAC also removed the recently deceased John Bredenkamp and his 20 companies from the Specially Designated Nationals List. Bredenkamp was sanctioned in 2008 for supporting the Zimbabwean government and for involvement in arms trading and trafficking.