[Federal Register Volume 77, Number 68 (Monday, April 9, 2012)]
[Notices]
[Pages 21154-21155]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-8409]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Unblocking of Blocked Persons Pursuant to Executive Order 13067 
and Executive Order 13412

SUB-AGENCY: Office of Foreign Assets Control.

ACTION: Notice.

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[[Page 21155]]

SUMMARY: The Department of Treasury's Office of Foreign Assets Control 
(``OFAC'') is publishing the names of two entities whose property and 
interests in property have been unblocked pursuant to Executive Order 
13067 of November 3, 1997, ``Blocking Sudanese Government Property and 
Prohibiting Transactions With Sudan,'' and Executive Order 13412 of 
October 13, 2006, ``Blocking Property of and Prohibiting Transactions 
With the Government of Sudan.''

DATES: The unblocking and removal from the list of Specially Designated 
Nationals and Blocked Persons (``SDN List'') of the entities identified 
in this notice whose property and interests in property were blocked 
pursuant to Executive Order 13067 of November 3, 1997, and Executive 
Order 13412 of October 13, 2006, is effective February 1, 2012.

FOR FURTHER INFORMATION CONTACT: Assistant Director, Sanctions 
Compliance and Evaluation, Office of Foreign Assets Control, Department 
of the Treasury, 1500 Pennsylvania Ave. NW. (Treasury Annex), 
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 (www.treas.gov/ofac). Certain general 
information pertaining to OFAC's sanctions programs also is available 
via facsimile through a 24-hour fax-on-demand service, tel.: (202) 622-
0077.

Background

    On November 3, 1997 the President, invoking the authority of, inter 
alia, the International Emergency Economic Powers Act (50 U.S.C. 1701-
1706) (``IEEPA''), issued Executive Order 13067 (``E.O. 13067''). In 
E.O. 13067, the President declared a national emergency to deal with 
the Government of Sudan's continued support of international terrorism; 
ongoing efforts to destabilize neighboring governments; and the 
prevalence there of human rights violations, including slavery and the 
denial of religious freedom. Section 1 of E.O. 13067 blocks, with 
certain exceptions, all property and interests in property of the 
Government of Sudan that are in the United States, that hereafter come 
within the United States, or that hereafter come within the possession 
or control of United States persons, including their overseas branches. 
Section 4 defines the term ``Government of Sudan'' to include the 
Government of Sudan, its agencies, instrumentalities and controlled 
entities, and the Central Bank of Sudan.
    On October 13, 2006, the President, invoking the authority of, 
inter alia, IEEPA, issued Executive Order 13412 (``E.O. 13412''), in 
order to take additional steps with respect to the national emergency 
declared in E.O. 13067. Section 1 of E.O. 13412 restates the blocking 
of the Government of Sudan imposed by E.O. 13067. Section 6 excludes 
the regional government of Southern Sudan from the definition of the 
Government of Sudan.
    On February 1, 2012, OFAC removed the entities listed below, whose 
property and interests in property were blocked pursuant to E.O. 13067 
and E.O. 13412 from the SDN List:

    1. PEOPLE'S CO-OPERATIVE BANK, P.O. Box 922, Khartoum, Sudan; 
[SUDAN]
    2. UNITY BANK, Bariman Avenue, P.O. Box 408, Khartoum, Sudan; 
Now part of BANK OF KHARTOUM GROUP; [SUDAN]


    Dated: January 31, 2012.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2012-8409 Filed 4-6-12; 8:45 am]
BILLING CODE 4810-AL-P