26 July 2006
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[Federal Register: July 25, 2006 (Volume 71, Number 142)]
[Notices]
[Page 42174]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr25jy06-134]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Unblocking of Specially Designated National, Liberia Program
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 publishing the name of one person whose property and
interests in property have been unblocked pursuant to Executive Order
13348 of July 22, 2004, Blocking Property of Certain Persons and
Prohibiting the Importation of Certain Goods from Liberia, and pursuant
to 31 CFR 501.807.
DATES: The unblocking and removal from the list of Specially Designated
Nationals and Blocked Persons by the Secretary of the Treasury of the
person identified in this notice whose property and interests in
property were blocked pursuant to Executive Order 13348 of July 22,
2004, occurred on June 12, 2006.
FOR FURTHER INFORMATION CONTACT: Jennifer Houghton, Assistant Director,
Designation Investigations, Office of Foreign Assets Control,
Department of the Treasury, 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, tel.: (202) 622-
0077.
Background
On July 22, 2004, President Bush issued Executive Order 13348
(``the order'' or ``EO 13348''), finding that the actions and policies
of former Liberian President Charles Taylor and other persons, in
particular their unlawful depletion of Liberian resources and their
removal from Liberia, undermined Liberia's transition to democracy, the
orderly development of Liberia's political, administrative, and
economic institutions and resources, and fueled and exacerbated other
conflicts throughout West Africa. The President found that the actions,
policies, and circumstances described above constituted an unusual and
extraordinary threat to the foreign policy of the United States and
declared a national emergency to deal with that threat.
The order included 28 persons in the Annex, which resulted in the
blocking of all property or interests in property of these persons that
was or thereafter came within the United States or the possession or
control of U.S. persons. The order authorizes the Secretary of the
Treasury, in consultation with the Secretary of State, to designate
additional persons or entities determined to meet certain criteria set
forth in EO 13348.
The order also authorizes the Secretary of the Treasury, in
consultation with the Secretary of State, to determine that
circumstances no longer warrant the inclusion of a person in the Annex
to EO 13348 and to unblock any property or interests in property that
had been blocked as a result of the person's inclusion in the Annex.
On June 12, 2006, the Acting Director of OFAC, in consultation with
the State Department, removed from the Annex and list of Specially
Designated Nationals and Blocked Persons the person listed below, whose
property and interests in property were blocked pursuant to EO 13348.
The list of the unblocked person follows:
1. Abbas Fawaz
Dated: July 18, 2006.
Barbara C. Hammerle,
Acting Director, Office of Foreign Assets Control.
[FR Doc. E6-11798 Filed 7-24-06; 8:45 am]
BILLING CODE 4811-37-P