Federal Register #2026-13278

OFAC Sanctions Action: Designation of Individuals and Mining Companies on SDN List

This notice from the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announces sanctions actions related to the Specially Designated Nationals and Blocked Persons List (SDN List): - Government Buyer: - Department of the Treasury - Office of Foreign Assets Control (OFAC) - Action Overview: - Designation of individuals and entities for sanctions under Executive Order 13413 (as amended) - Focus on individuals and mining companies linked to the conflict in the Democratic Republic of the Congo - Entities and Individuals Sanctioned: - Jean Malic Kalima Karekezi (individual) - Bosco Kayobotsi (individual) - Bugambira Mines LTD (also known as Multiserve Consults LTD) - Gasabo Gold Refinery LTD - Rwinkwavu Mining Corporation LTD - Wolfram Mining and Processing LTD - Key Details: - All entities are based in Rwanda and involved in mining and quarrying - U.S. persons are prohibited from engaging in transactions with these individuals and entities - Property and interests in property under U.S. jurisdiction are blocked - No procurement of products or services is involved; this is a sanctions action, not a purchasing opportunity.

Description

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of persons added to the Specially Designated Nationals and Blocked Persons List (SDN List) due to meeting legal criteria. These individuals and entities have their property and interests blocked under U.S. jurisdiction, and U.S. persons are generally prohibited from transactions with them. The notice includes specific individuals and entities linked to activities threatening peace and stability in the Democratic Republic of the Congo, including mining companies and persons associated with them.

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