U.S. Imposes Sanctions on 10 Government of Belarus Officials
President Bush today signed an Executive Order blocking property of the President of Belarus and nine other high-ranking Government of Belarus officials for "undermining Belarus' democratic processes or institutions." The Executive Order immediately blocks all property and interests in property of the 10 individuals named in Executive Order's annex. Effective immediately, all U.S. companies and individuals are prohibited from engaging in any transactions with the targeted persons. These persons will not be able to access any assets that they might have in the U.S. and U.S. financial institutions, wherever located, will not be able to provide any financial services to them. OFAC has added the ten individuals to OFAC's Specially Designated Nationals list.
Labels: OFAC