[Federal Register Volume 79, Number 172 (Friday, September 5, 2014)]
[Notices]
[Pages 53104-53105]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-21225]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Imposition of Sanctions on Three Individuals and Eight Entities 
Pursuant to Executive Order 13608

SUB-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 providing notice of actions taken by OFAC with respect to 
three individuals and eight entities to impose sanctions pursuant to 
Executive Order 13608 of May 1, 2012, ``Prohibiting Certain 
Transactions With and Suspending Entry Into the United States of 
Foreign Sanctions Evaders With Respect to Iran and Syria'' (``E.O. 
13608'').

DATES: OFAC's actions described in this notice to impose sanctions 
pursuant to E.O. 13608 were effective February 6, 2014.

FOR FURTHER INFORMATION CONTACT: Assistant Director for Sanctions 
Compliance and Evaluation, 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 (www.treasury.gov/ofac) or via facsimile 
through a 24-hour fax-on demand service tel.: (202) 622-0077.

Background

    On May 1, 2012, the President issued Executive Order 13608, 
``Prohibiting Certain Transactions With and Suspending Entry Into the 
United States of Foreign Sanctions Evaders With Respect to Iran and 
Syria'' (``E.O. 13608''). Section 1(a)(ii) of E.O. 13608 authorizes the 
Secretary of the Treasury, in consultation with the Secretary of State, 
to impose on a foreign person certain measures upon determining that 
the foreign person has, inter alia, ``facilitated deceptive 
transactions for or on behalf of any person subject to United States 
sanctions concerning Iran or Syria.''
    Section 7(d) of E.O. 13608 defines the term ``deceptive 
transaction'' to mean ``any transaction where the identity of any 
person subject to United States sanctions concerning Iran or Syria is 
withheld or obscured from other participants in the transaction or any 
relevant regulatory authorities.''
    Section 1(b) of E.O. 13608 authorizes the Secretary of the Treasury 
to prohibit all transactions or dealings involving such persons 
sanctioned under E.O. 13608 in or related to any goods, services, or 
technology (i) in or intended for the United States, or (ii) provided 
by or to United States persons, wherever located. These prohibitions 
cover the aforementioned transactions or dealings, but do not require 
the blocking of property or interests in property of the person 
sanctioned pursuant to E.O. 13608.
    On February 6, 2014, the Director of OFAC, acting pursuant to 
delegated authority, imposed sanctions on the individuals and entities 
listed below and prohibited all transactions or dealings involving 
those individuals and entities, as described in Section 1(b) of E.O. 
13608.

Individuals

1. FARSOUDEH, Houshang (a.k.a. FARSOUDEH, Houshang Hossein; a.k.a. 
FARSOUDEH, Hushang); DOB 10 Oct 1968; POB Tehran, Iran; Passport 
H2726141 (Iran) (individual) [FSE-IR].
2. HOSSEINPOUR, Houshang (a.k.a. HOSEIN-PUR, Houshang; a.k.a. 
HOSSEINPOUR, Houshang Shahali); DOB 21 Mar 1967; POB Tehran, Iran; 
Passport R17550559 (Iran) expires 11 Jul 2015 (individual) [FSE-IR].
3. NAYEBI, Pourya (a.k.a. NAYEBI, Pourya Ali Asghar); DOB 25 Jul 
1974; POB Tehran, Iran; Passport V11664675 (Iran) expires 07 Aug 
2012 (individual) [FSE-IR].

Entities

1. CAUCASUS ENERGY (a.k.a. CAUCASUS ENERGY OF GEORGIA; a.k.a. LLC 
CAUCASUS ENERGY), Georgia; Registration ID 406075081 [FSE-IR].
2. EUROPEAN OIL TRADERS (a.k.a. EUROPEAN OIL TRADERS SA), 
Kaiserstuhlerstrasse 81, 8175, Windlach, Switzerland; 8174 Stadel 
b., Niederglatt, Switzerland [FSE-IR].
3. GEORGIAN BUSINESS DEVELOPMENT (a.k.a. GBD FIZ; a.k.a. GBD FIZ 
LIMITED; a.k.a. GBD FIZ, LLC), Tbilisi, Georgia; Plot 545, Unit 1B-
8D, Free Industrial Zone, Poti, Georgia; Deira, Dubai, United Arab 
Emirates [FSE-IR].
4. GREAT BUSINESS DEALS, Tbilisi, Georgia; Plot 545, Unit 1B-8D, 
Free Industrial Zone, Poti, Georgia; Deira, Dubai, United Arab 
Emirates [FSE-IR].
5. KSN FOUNDATION, Muehleholz 3, Vaduz 94490, Liechtenstein [FSE-
IR].
6. NEW YORK GENERAL TRADING (a.k.a. ``NYGT''), No. 815, Al Maktoum 
Building, Al Maktoum St, P.O. Box 42108, Deira, Dubai, United Arab 
Emirates; Registration ID 547066 [FSE-IR].
7. NEW YORK MONEY EXCHANGE (a.k.a. ``NYME''), P.O. Box 85334, Dubai, 
United Arab Emirates; Shop 14, Al MM Tower, Al Maktoum St, Dubai, 
United Arab Emirates; P.O. Box 31138, Abu Dhabi, United Arab 
Emirates; P.O. Box 42108, Dubai, United Arab Emirates; 20 Rustaveli 
Avenue, Tbilisi, Georgia; Tbilisi International Airport, Tbilisi, 
Georgia; Batumi Airport, Batumi, Georgia; Commercial Registry Number 
549905 (United Arab Emirates) [FSE-IR].
8. ORCHIDEA GULF TRADING (a.k.a. ORCHIDEA GULF EXCHANGE TRADING CO 
L; a.k.a. ORCHIDEA GULF TRADING ALTIN VE KIYMELTI MADENLER DIS TIC 
LTD STI; a.k.a. ``ORCHIDEA GENERAL TRADING LLC''; a.k.a. ``ORCHIDEA 
GULF COAST TRADING CO L''), P.O. Box 11254, Dubai, United Arab 
Emirates; P.O. Box 11254, 6305 Zinath Omar Kin Khatab, Dubai, United 
Arab Emirates; P.O. Box 11256 Zinath Omar Kin Khatab, Dubai, United 
Arab Emirates; P.O. Box 6305

[[Page 53105]]

Zinath Omar Kin Khatab, Dubai, United Arab Emirates; P.O. Box 85334, 
Dubai, United Arab Emirates; P.O. Box 85334, Office Number 605, 
Concord Hotel, Al Matoum Street, Dubai, United Arab Emirates; Molla 
Gurani Mahallesi Sehit Pilot Nedim Sok. Evirgenler Ish, 5/5, 
Istanbul, Turkey [FSE-IR].

The Director of OFAC has prohibited all transactions or dealings 
involving the individuals and entities listed above in or related to 
any goods, services, or technology (i) in or intended for the United 
States, or (ii) provided by or to United States persons, wherever 
located. The individuals and entities listed above have been added to 
OFAC's List of Foreign Sanctions Evaders with the identifying tag 
``FSE-IR.''

    Dated: July 18, 2014.
Barbara C. Hammerle,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2014-21225 Filed 9-4-14; 8:45 am]
BILLING CODE 4810-AL-P