[Federal Register Volume 73, Number 47 (Monday, March 10, 2008)]
[Notices]
[Page 12801]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-4610]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Unblocking of Specially Designated Narcotics Trafficker Pursuant 
to Executive Order 12978

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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SUMMARY: The Treasury Department's Office of Foreign Assets Control 
(``OFAC'') is publishing the name of an individual whose property and 
interests in property have been unblocked pursuant to Executive Order 
12978 of October 21, 1995, Blocking Assets and Prohibiting Transactions 
With Significant Narcotics Traffickers.

DATES: The unblocking and removal from the list of Specially Designated 
Narcotics Traffickers of the individual identified in this notice whose 
property and interests in property were blocked pursuant to Executive 
Order 12978 of October 21, 1995, is effective on March 4, 2008.

FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance 
Outreach & Implementation, Office of Foreign Assets Control, Department 
of the Treasury, Washington, DC 20220, tel.: 202/622-2420.

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) via 
facsimile through a 24-hour fax-on-demand service, tel.: (202) 622-
0077.

Background

    On October 21, 1995, the President, invoking the authority, inter 
alia, of the International Emergency Economic Powers Act (50 U.S.C. 
1701-1706) (``IEEPA''), issued Executive Order 12978 (60 FR 54579, 
October 24, 1995) (the ``Order''). In the Order, the President declared 
a national emergency to deal with the threat posed by significant 
foreign narcotics traffickers centered in Colombia and the harm that 
they cause in the United States and abroad.
    Section 1 of the Order blocks, with certain exceptions, all 
property and interests in property that are in the United States, or 
that hereafter come within the United States or that are or hereafter 
come within the possession or control of United States persons, of: (1) 
The persons listed in an Annex to the Order; (2) any foreign person 
determined by the Secretary of Treasury, in consultation with the 
Attorney General and Secretary of State, to play a significant role in 
international narcotics trafficking centered in Colombia; or (3) to 
materially assist in, or provide financial or technological support for 
or goods or services in support of, the narcotics trafficking 
activities of persons designated in or pursuant to this order; and (4) 
persons determined by the Secretary of the Treasury, in consultation 
with the Attorney General and the Secretary of State, to be owned or 
controlled by, or to act for or on behalf of, persons designated 
pursuant to this Order.
    On March 4, 2008, the Director of OFAC removed from the list of 
Specially Designated Narcotics Traffickers the individual listed below, 
whose property and interests in property were blocked pursuant to the 
Order.
    The listing of the unblocked individual follows:
    AVENDANO GUTIERREZ, Francisco Eduardo, Carrera 8 No. 66-21 apt. 
204, Bogota, Colombia; Transversal 1A No. 69-54 apt. 502, Bogota, 
Colombia; c/o LABORATORIOS GENERICOS VETERINARIOS, Bogota, Colombia; c/
o CONSTRUCCIONES AVENDANO GUTIERREZ Y CIA. LTDA., Bogota, Colombia; DOB 
3 Jul 1960; Cedula No. 16645182 (Colombia) (individual) [SDNT]

    Dated: March 4, 2008.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
 [FR Doc. E8-4610 Filed 3-7-08; 8:45 am]
BILLING CODE 4811-45-P