Search Results for citation:"89 FR 106750"

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Search Results: citation:"89 FR 106750"

  • Type:Notice
    Citation:89 FR 106750
    Reading Time:about 2 minutes

    The Office of Foreign Assets Control (OFAC), part of the U.S. Department of the Treasury, announced they have added individuals to their Specially Designated Nationals and Blocked Persons List. This means that the property and interests of these individuals within U.S. jurisdiction are now blocked, and American citizens and companies are generally prohibited from doing business with them. The designated individuals are from Georgia and were sanctioned for being leaders or officials of entities involved in serious human rights abuses.

    Simple Explanation

    The U.S. Treasury's Office, called OFAC, has added some people from Georgia to a special list because they did bad things. This means these people can't use their stuff in the U.S., and Americans can't do business with them.