PRINT
REQUIREMENT TO FURNISH INFORMATION
Nov 28, 2001
FAC No. SDT-197007
Miraf International Inc.
c/o Jeanette Freeman
55 Marietta Street N.W.
Suite 1555
Atlanta, Georgia 30303
Gentlemen:
The United States Treasury Department's Office of Foreign Assets Control ("OFAC") administers a comprehensives sanctions program and assets freeze pursuant to Executive Order No. 13224 (66FR49079), issued by President Bush on September 23, 2001 (the "Order"), and under the authorities granted by the International Emergency Economic Powers Act, 50 U.S.C. 1701-06 ("IEEPA").
On November 7, 2001, pursuant to the Order, the Treasury Department designated Al-Barakaat and its affiliate group of companies (the "Barakaat Network") as entities that provide financial support or other services to persons who commit, threaten to commit, or support terrorism (Specially Designated Global Terrorist ("SDGT")). As such, all...
Click the appropriate link below for access to this file.
Click the appropriate link below for access to this file.
1) For commentary on this document and the related case in the context of OFAC’s authority to block persons and assets pending investigation, see of General Note on the Blocking of Persons and Property Pending Investigation.
2) The RFI is also notable as an example of OFAC making an affirmative “interest” determination with regard to a specific asset owned by a person alleged to be affiliated with an SDGT. In theory, all property in which a blocked person has an “interest” is blocked by operation of law, irrespective of whether OFAC makes an affirmative determination of “interest.” Here OFAC blocks a specific account on the basis of an affirmative “interest” determination, but not other assets or property of the U.S. person. As is the case...