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28 February 2007


[Federal Register: February 26, 2007 (Volume 72, Number 37)]

[Notices]               

[Page 8423-8424]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr26fe07-138]                         



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DEPARTMENT OF THE TREASURY



Office of Foreign Assets Control



 

Additional Designation of Entity Pursuant to Executive Order 

13224



AGENCY: Office of Foreign Assets Control, Treasury.



[[Page 8424]]





ACTION: Notice.



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SUMMARY: The Treasury Department's Office of Foreign Assets Control 

(``OFAC'') is publishing the name of one newly-designated entity whose 

property and interests in property are blocked pursuant to Executive 

Order 13224 of September 23, 2001, ``Blocking Property and Prohibiting 

Transactions With Persons Who Commit, Threaten To Commit, or Support 

Terrorism.''



DATES: The designation by the Secretary of the Treasury of the entity 

identified in this notice, pursuant to Executive Order 13224, is 

effective on February 20, 2007.



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 from 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



    On September 23, 2001, the President issued Executive Order 13224 

(the ``Order'') pursuant to the International Emergency Economic Powers 

Act, 50 U.S.C. 1701-1706, and the United Nations Participation Act of 

1945, 22 U.S.C. 287c. In the Order, the President declared a national 

emergency to address grave acts of terrorism and threats of terrorism 

committed by foreign terrorists, including the September 11, 2001, 

terrorist attacks in New York, Pennsylvania, and at the Pentagon. The 

Order imposes economic sanctions on persons who have committed, pose a 

significant risk of committing, or support acts of terrorism. The 

President identified in the Annex to the Order, as amended by Executive 

Order 13268 of July 2, 2002, 13 individuals and 16 entities as subject 

to the economic sanctions. The Order was further amended by Executive 

Order 13284 of January 23, 2003, to reflect the creation of the 

Department of Homeland Security.

    Section 1 of the Order blocks, with certain exceptions, all 

property and interests in property that are in or hereafter come within 

the United States or the possession or control of United States 

persons, of: (1) Foreign persons listed in the Annex to the Order; (2) 

foreign persons determined by the Secretary of State, in consultation 

with the Secretary of the Treasury, the Secretary of the Department of 

Homeland Security and the Attorney General, to have committed, or to 

pose a significant risk of committing, acts of terrorism that threaten 

the security of U.S. nationals or the national security, foreign 

policy, or economy of the United States; (3) persons determined by the 

Secretary of the Treasury, in consultation with the Secretary of State, 

the Secretary of the Department of Homeland Security and the Attorney 

General, to be owned or controlled by, or to act for or on behalf of 

those persons listed in the Annex to the Order or those persons 

determined to be subject to subsection 1(b), 1(c), or 1(d)(i) of the 

Order; and (4) except as provided in section 5 of the Order and after 

such consultation, if any, with foreign authorities as the Secretary of 

State, in consultation with the Secretary of the Treasury, the 

Secretary of the Department of Homeland Security and the Attorney 

General, deems appropriate in the exercise of his discretion, persons 

determined by the Secretary of the Treasury, in consultation with the 

Secretary of State, the Secretary of the Department of Homeland 

Security and the Attorney General, to assist in, sponsor, or provide 

financial, material, or technological support for, or financial or 

other services to or in support of, such acts of terrorism or those 

persons listed in the Annex to the Order or determined to be subject to 

the Order or to be otherwise associated with those persons listed in 

the Annex to the Order or those persons determined to be subject to 

subsection 1(b), 1(c), or 1(d)(i) of the Order.

    On February 20, 2007, the Secretary of the Treasury, in 

consultation with the Secretary of State, the Secretary of the 

Department of Homeland Security, the Attorney General, and other 

relevant agencies, designated, pursuant to one or more of the criteria 

set forth in subsections 1(b), 1(c) or 1(d) of the Order, one entity 

whose property and interests in property are blocked pursuant to 

Executive Order 13224.

    The additional designee is as follows:

    JIHAD AL-BINA (a.k.a. CONSTRUCTION FOR THE SAKE OF THE HOLY 

STRUGGLE; a.k.a. CONSTRUCTION JIHAD; a.k.a. HOLY CONSTRUCTION 

FOUNDATION; a.k.a. JIHAD AL BINAA; a.k.a. JIHAD CONSTRUCTION; a.k.a. 

JIHAD CONSTRUCTION FOUNDATION; a.k.a. JIHAD CONSTRUCTION INSTITUTION; 

a.k.a. JIHAD-AL-BINAA ASSOCIATION; a.k.a. JIHADU-I-BINAA; a.k.a. 

STRUGGLE FOR RECONSTRUCTION), Bekaa Valley, Lebanon; Southern Lebanon, 

Lebanon; Beirut, Lebanon.



    Dated: February 20, 2007.

Adam J. Szubin,

Director, Office of Foreign Assets Control.

 [FR Doc. E7-3239 Filed 2-23-07; 8:45 am]



BILLING CODE 4811-42-P