The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) today announced a settlement with Pegasus Worldwide Logistics, a freight forwarding firm involved in cross-border shipments. Pegasus has agreed to remit $175,015 to settle its potential civil liability for four apparent violations of the Illicit Drug Trafficking Sanctions Regulations and six apparent violations of the Reporting, Procedures and Penalties Regulations. Between September 2023 and February 2024, Pegasus dealt in blocked property by facilitating the importation of a machine supplied by a designated company. Pegasus also failed to respond fully for six months to an OFAC subpoena. The settlement amount reflects OFAC's determination that Pegasus's conduct was non-egregious and not voluntarily disclosed. For more information, please visit the following Enforcement Release.
OFAC is issuing International Criminal Court-related General License 13, "Authorizing Certain Transactions Involving the International Criminal Court," International Criminal Court-related General License 14, "Authorizing Certain Transactions Related to Telecommunications and Enterprise Software Involving the International Criminal Court," International Criminal Court-related General License 15, "Authorizing Transactions Related to Pension Payments Involving the International Criminal Court," and International Criminal Court-related General License 16, "Authorizing Certain Transactions Related to Certain International Criminal Court Detainees."
Lastly, OFAC has made the following changes to its list of Specially Designated Nationals and Blocked Persons (SDN List).
Specially Designated Nationals List Update
The following entity has been added to OFAC's SDN List:
INTERNATIONAL CRIMINAL COURT, Oude Waalsdorperweg 10 2597 AK, The Hague, Netherlands; Organization Established Date 01 Jul 2002; V.A.T. Number NL810956822 (Netherlands) [ICC-EO14203].
The following deletions have been made to OFAC's SDN List:
HTET, Theint Win, Burma; DOB 21 May 1999; nationality Burma; Gender Female; National ID No. 12/LAMANAN155055 (Burma) (individual) [BURMA-EO14014] (Linked To: ZAW, Thein Win).
Unrelated Administrative List Changes:
None