[Federal Register Volume 72, Number 37 (Monday, February 26, 2007)]
[Notices]
[Pages 8423-8424]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-3239]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Additional Designation of Entity Pursuant to Executive Order 
13224

AGENCY: Office of Foreign Assets Control, Treasury.

[[Page 8424]]


ACTION: Notice.

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SUMMARY: The Treasury Department's Office of Foreign Assets Control 
(``OFAC'') is publishing the name of one newly-designated entity whose 
property and interests in property are blocked pursuant to Executive 
Order 13224 of September 23, 2001, ``Blocking Property and Prohibiting 
Transactions With Persons Who Commit, Threaten To Commit, or Support 
Terrorism.''

DATES: The designation by the Secretary of the Treasury of the entity 
identified in this notice, pursuant to Executive Order 13224, is 
effective on February 20, 2007.

FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance 
Outreach & Implementation, Office of Foreign Assets Control, Department 
of the Treasury, Washington, DC 20220, tel.: 202/622-2490.

SUPPLEMENTARY INFORMATION: 

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are 
available from OFAC's Web site (http://www.treas.gov/ofac) or via 
facsimile through a 24-hour fax-on-demand service, tel.: 202/622-0077.

Background

    On September 23, 2001, the President issued Executive Order 13224 
(the ``Order'') pursuant to the International Emergency Economic Powers 
Act, 50 U.S.C. 1701-1706, and the United Nations Participation Act of 
1945, 22 U.S.C. 287c. In the Order, the President declared a national 
emergency to address grave acts of terrorism and threats of terrorism 
committed by foreign terrorists, including the September 11, 2001, 
terrorist attacks in New York, Pennsylvania, and at the Pentagon. The 
Order imposes economic sanctions on persons who have committed, pose a 
significant risk of committing, or support acts of terrorism. The 
President identified in the Annex to the Order, as amended by Executive 
Order 13268 of July 2, 2002, 13 individuals and 16 entities as subject 
to the economic sanctions. The Order was further amended by Executive 
Order 13284 of January 23, 2003, to reflect the creation of the 
Department of Homeland Security.
    Section 1 of the Order blocks, with certain exceptions, all 
property and interests in property that are in or hereafter come within 
the United States or the possession or control of United States 
persons, of: (1) Foreign persons listed in the Annex to the Order; (2) 
foreign persons determined by the Secretary of State, in consultation 
with the Secretary of the Treasury, the Secretary of the Department of 
Homeland Security and the Attorney General, to have committed, or to 
pose a significant risk of committing, acts of terrorism that threaten 
the security of U.S. nationals or the national security, foreign 
policy, or economy of the United States; (3) persons determined by the 
Secretary of the Treasury, in consultation with the Secretary of State, 
the Secretary of the Department of Homeland Security and the Attorney 
General, to be owned or controlled by, or to act for or on behalf of 
those persons listed in the Annex to the Order or those persons 
determined to be subject to subsection 1(b), 1(c), or 1(d)(i) of the 
Order; and (4) except as provided in section 5 of the Order and after 
such consultation, if any, with foreign authorities as the Secretary of 
State, in consultation with the Secretary of the Treasury, the 
Secretary of the Department of Homeland Security and the Attorney 
General, deems appropriate in the exercise of his discretion, persons 
determined by the Secretary of the Treasury, in consultation with the 
Secretary of State, the Secretary of the Department of Homeland 
Security and the Attorney General, to assist in, sponsor, or provide 
financial, material, or technological support for, or financial or 
other services to or in support of, such acts of terrorism or those 
persons listed in the Annex to the Order or determined to be subject to 
the Order or to be otherwise associated with those persons listed in 
the Annex to the Order or those persons determined to be subject to 
subsection 1(b), 1(c), or 1(d)(i) of the Order.
    On February 20, 2007, the Secretary of the Treasury, in 
consultation with the Secretary of State, the Secretary of the 
Department of Homeland Security, the Attorney General, and other 
relevant agencies, designated, pursuant to one or more of the criteria 
set forth in subsections 1(b), 1(c) or 1(d) of the Order, one entity 
whose property and interests in property are blocked pursuant to 
Executive Order 13224.
    The additional designee is as follows:
    JIHAD AL-BINA (a.k.a. CONSTRUCTION FOR THE SAKE OF THE HOLY 
STRUGGLE; a.k.a. CONSTRUCTION JIHAD; a.k.a. HOLY CONSTRUCTION 
FOUNDATION; a.k.a. JIHAD AL BINAA; a.k.a. JIHAD CONSTRUCTION; a.k.a. 
JIHAD CONSTRUCTION FOUNDATION; a.k.a. JIHAD CONSTRUCTION INSTITUTION; 
a.k.a. JIHAD-AL-BINAA ASSOCIATION; a.k.a. JIHADU-I-BINAA; a.k.a. 
STRUGGLE FOR RECONSTRUCTION), Bekaa Valley, Lebanon; Southern Lebanon, 
Lebanon; Beirut, Lebanon.

    Dated: February 20, 2007.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
 [FR Doc. E7-3239 Filed 2-23-07; 8:45 am]
BILLING CODE 4811-42-P