Search Results for keywords:"Falih Al-Fayyadh"

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Search Results: keywords:"Falih Al-Fayyadh"

  • Type:Notice
    Citation:86 FR 3232
    Reading Time:about a minute or two

    The Department of the Treasury's Office of Foreign Assets Control (OFAC) announced that Falih Al-Fayyadh has been added to the Specially Designated Nationals and Blocked Persons List. This means all of his property and interests in the United States are blocked, and American citizens are generally prohibited from doing business with him. The decision is based on his involvement in human rights abuses as a leader or official of a government entity, in accordance with Executive Order 13818. This sanctions action was effective as of January 8, 2021.

    Simple Explanation

    The U.S. government put a man named Falih Al-Fayyadh on a special list that says Americans can't do business with him because he did some bad things involving human rights. This means if a person or company in the U.S. has anything of his, they can't use it anymore.