[Federal Register Volume 76, Number 70 (Tuesday, April 12, 2011)]
[Notices]
[Pages 20452-20453]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-8678]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Unblocking of Specially Designated Nationals and Blocked Persons 
Pursuant to the Foreign Narcotics Kingpin Designation Act

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (``OFAC'') is publishing the name of one entity whose property 
and interests in property has been unblocked pursuant to the Foreign 
Narcotics Kingpin Designation Act (``Kingpin Act'') (21 U.S.C. 1901-
1908, 8 U.S.C. 1182).

DATES: The unblocking and removal from the list of Specially Designated 
Nationals and Blocked Persons (``SDN List'') of the entity identified 
in this notice whose property and interests in property was blocked 
pursuant to the Kingpin Act, is effective on March 30, 2011.

FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance 
Outreach & Implementation, U.S. Department of the Treasury, Office of 
Foreign Assets Control, 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) or via 
facsimile through a 24-hour fax-on-demand service at (202) 622-0077.

Background

    The Kingpin Act became law on December 3, 1999. The Act 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. persons and entities.

[[Page 20453]]

    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 Secretary of the Treasury consults with the Attorney 
General, the Director of the Central Intelligence Agency, 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 when designating and 
blocking the property or interests in property, subject to U.S. 
jurisdiction, of foreign persons 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 March 30, 2011, the Director of OFAC removed from the SDN list 
the entity listed below, whose property and interests in property were 
blocked pursuant to the Kingpin Act:

    MERCURIO INTERNACIONAL S.A., Transversal 71D No. 26-94 Sur, 
Local 3504, Bogota, Colombia; Avenida Carrera 15 No. 100-69, Oficina 
303, Bogota, Colombia; Carrera 15 No. 93-60 Local 205, 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) [SDNTK]

    Dated: March 30, 2011.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2011-8678 Filed 4-11-11; 8:45 am]
BILLING CODE 4810-AL-P