[Federal Register Volume 73, Number 93 (Tuesday, May 13, 2008)]
[Notices]
[Pages 27608-27609]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-10600]


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DEPARTMENT OF THE TREASURY

Foreign Assets Control Office


Additional Designations, Foreign Narcotics Kingpin Designation 
Act

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 one additional entity whose 
property and interests in property has been blocked pursuant to the 
Foreign Narcotics Kingpin Designation Act (``Kingpin Act'') (21 U.S.C. 
1901-1908, 8 U.S.C. 1182).

DATES: The designation by the Secretary of the Treasury of the one 
entity identified in this notice pursuant to

[[Page 27609]]

section 805(b) of the Kingpin Act is effective on May 7, 2008.

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

SUPPLEMENTARY INFORMATION: 

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are 
available on 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

    The Kingpin Act became law on December 3, 1999. The Kingpin Act 
establishes a program targeting the activities of significant foreign 
narcotics traffickers and their organizations on a worldwide basis. It 
provides a statutory framework for the President to impose sanctions 
against significant foreign narcotics traffickers and their 
organizations on a worldwide basis, with the objective of denying their 
businesses and agents access to the U.S. financial system and to the 
benefits of trade and transactions involving U.S. companies and 
individuals.
    The Kingpin Act blocks all property and interests in property, 
subject to U.S. jurisdiction, owned or controlled by significant 
foreign narcotics traffickers as identified by the President. In 
addition, the Kingpin Act blocks the property and interests in 
property, subject to U.S. jurisdiction, of foreign persons designated 
by the Secretary of Treasury, in consultation with the Attorney 
General, the Director of Central Intelligence, the Director of the 
Federal Bureau of Investigation, the Administrator of the Drug 
Enforcement Administration, the Secretary of Defense, the Secretary of 
State, and the Secretary of Homeland Security who are found to be: (1) 
Materially assisting in, or providing financial or technological 
support for or to, or providing goods or services in support of, the 
international narcotics trafficking activities of a person designated 
pursuant to the Kingpin Act; (2) owned, controlled, or directed by, or 
acting for or on behalf of, a person designated pursuant to the Kingpin 
Act; or (3) playing a significant role in international narcotics 
trafficking.
    On May 7, 2008, OFAC designated an additional entity whose property 
and interests in property are blocked pursuant to section 805(b) of the 
Foreign Narcotics Kingpin Designation Act.
    The additional designee is as follows:
    1. MERCURIO INTERNACIONAL S.A., Avenida Carrera 15 No. 100-69, 
Oficina 303, Bogota, Colombia; Carrera 15 No. 93-60 Local 205, Bogota, 
Colombia; Transversal 71D No. 26-94 Sur, Local 3504, Bogota, Colombia; 
Calle 5 No. 50-103, Local C108, Cali, Colombia; Carrera 1 No. 61A-30, 
Locales 80 y 81, Cali, Colombia; Calle 19 No. 6-48, Oficinas 403 y 404, 
Pereira, Colombia; Carrera 14 No. 18-56, Locales 34 y 35, Piso 3, 
Armenia, Colombia; Carrera 43A No. 34-95, Local 253, Medellin, 
Colombia; Carrera 54 No. 72-147, Local 144, Barranquilla, Colombia; NIT 
830063708-7 (Colombia); (ENTITY) [SDNTK].

    Dated: May 7, 2008.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
 [FR Doc. E8-10600 Filed 5-12-08; 8:45 am]
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