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FEDERAL RESERVE BANK
OF NEW YORK
Fiscal Agent o f the United States
[
Circular No. 10471 ~|
August 2, 1991
LIBYAN SANCTIONS
Second Special Blocking Memorandum
To All Depository Institutions, and Others
Concerned, in the Second Federal Reserve District:
The Office o f Foreign Assets Control of the Department of the Treasury has
requested that we provide all depository institutions, including foreign agencies,
in this District with a copy of the Special Blocking Memorandum that is printed
on the following pages.
Questions on this matter may be directed to the persons specified in the mem
orandum, or, at this Bank, to Bradley K. Sabel, Counsel (Tel. No. 212-720-5041).
E. G e r a l d C o r r ig a n ,
President.
DEPARTMENT OF TREASURY
FAC No- 125531
JUL 311991
WASHINGTON
MEMORANDUM FOR ALL FEDERAL RESERVE BANK PRESIDENTS
AND BRANCH BANK MANAGERS
PROM:
R, RICHARD NEWCOMB^? I)
/DIRECTOR
p UM&nvv
OFFICE OF FOREIGN ASSETS CONTROL
SUBJECT:
LIBYAN SANCTIONS:
SECOND SPECIAL BLOCKING
MEMORANDUM AND REQUEST F O R ASSISTANCE
This is A request for immediate action.
This blocking
memorandum adds names to the list of specially designated
nationals of Libya transmitted by FAC No. 122970 (May 3,
1991) and published at 56 FR 20540 (May 6 f 1991).
The Office of Foreign Assets control, pursuant to Executive
Orders No. 12543 ("Prohibiting Trade and Certain
Transactions Involving Libya," 51 F R 875, January 9, 1986)
and 12544 ("Blocking Libyan Government Property in the
United States or Held b y U.S. Pe r s o n s , n 51 FR 1235, January
10, 1986), section 203 of the International Emergency
Economic Powers Act, 50 U.S.C. 1701 et s e g . ("IEEPA") , and
the Libyan Sanctions Regulations, 31 c.F.R. Fart 550 (the
11Regulations"), finds that there is reasonable cause to
believe that on or since the effective dates (E.O. 12543,
January 7, 1986 and E-O. 12544, January 8, 1986) the
entities and individuals described in the A ppendix to this
memorandum have been owned or controlled by or have acted or
purported to act directly or indirectly on behalf of the
Government of Libya or the authorities thereof.
Consequently, pursuant to section 550.304(a)(4) of the
Regulations, the persons described in the Appendix h ave been
determined to be specially designated nationals of the
Government of Libya and, therefore, to be subject to the
same prohibitions applicable to the Government Of Libya.
In
addition, all. real and personal property of the persons
identified in the Appendix tp this memorandum, including but
not limited to ail accounts in which those persons have any
interest are blocked; and all transactions involving any
person named in the Appendix are prohibited.
All Federal Reserve Banks, including branches and other
offices, are requested to notify all United States financial
institutions, including but not limited to depository
institutions. Edge and Agreement Corporations, and U.S.
branches and agencies of foreign banks, in their district of
these determinations and to instruct them that all such
accounts are blocked and that no transactions concerning
such accounts or the persons described in the A ppendix are
permitted except as specifically authorized b y the Director,
Office of. Foreign Assets Control.
2
Furthermore, we request that all such institutions be
instructed, in accordance with section 550.602 of the
Regulations and section 20 3 ( a ) (2) of IEEPA, to report, under
oath, any blocked property within their possession of the
parsons named in the Appendix and all transactions therein,
on or after the affective dates, including prohibited
transactions that are or vara blocked b y th e banks or
transactions that are or were attempted but not consummated,
within 10 days of receipt of the Federal Reserve Bank's
notification or, in the case of attempted transactions,
within 10 days of occurrence.
The financial institutions' reports should include all
information within their poBae a u i o n , control or ciietody,
detailing the blocked property (including accounts) as of
January 8, 1986, specifically identifying where such
property is now held, and separately accounting for any
transfers of property since January 8, 1986.
In the case of
accounts of any nature, the bank or other financial
institution should provide the account number, the amount on
deposit, available credit or balance outstanding, and the
name and address of the institution or agency holding the
account; and it should provide evidence confirming that the
account is being maintained in a blocked status.
In the case of attempted transactions involving the persons
named in the Appendix or relating t o their accounts, the
financial institution should provide the names, addresses,
account numbers and any other available information
identifying the parties or intended parties, including all
financial institutions, involved with the attempted
transaction.
If you have any questions concerning any aspect of this
memorandum, please contact either J. Robert McBrien, chief,
International Programs, or Donald Bridges at (202) 566-5021.
attachments
Appendix of Organizations and Individuals
Determined to Be Within the Term "Government of
Libya” (Specially Designated Nationals of
Libya)
3
ORGANIZATIONS AND INDIVIDUALS DETERMINED T O BE
WITHIN THE TERM 11GOVERNMENT OF L I B Y A ”
(SPECIALLY DESIGNATED NATIONALS OF LIBYA)
Companies
CORINTHIA GROUP OF COMPANIES
Head Office, 22, Europe. Centra, Floriana, Malta
CORINTHIA PALACE HOTEL COMPANY LIMITED
Da Paula Avenue, Attard, Malta
HOLBORN EUROPA RAFFINERIE GmbH
(a.k.a. HER)
RothenbaumohauaBee 5, 4th Floor, D~2000 Hamburg 13
Germany
HOLBORN EUROPEAN MARKETING COMPANY LIMITED
(a.k.a. HEMCL)
Miranda Court No. 1, Ipirou Street, P.O. Box 897
Larnaca, Cyprus
Hof plain 33, 3011 AJ Rotterdam, The Netherlands
HOLBORN INVESTMENT COMPANY LIMITED
(a.k.a. HICL)
Miranda Court No. 1, Ipirou Street, P.O. B o x 897
La r n a c a , Cyprus
JERMA PALACE HOTEL
Maaraanaala, Malta
LAFI TRADE MALTA
14517 Tower Road, Siema, Malta
OILINVEST
(a.k.a. FOREIGN PETROLEUM INVESTMENT CORPORATION)
(a.k.a. LIBYAN OIL INVESTMENTS INTERNATIONAL COMPANY)
(a.k.a. OTIC)
(a.k.a. OILINVEST INTERNATIONAL N.V.)
Netherlands Antilles
Tripoli, Libya
OILINVEST (NETHERLANDS) B.V.
(a.k.a. OILINVEST HOLLAND B.V.)
Museumpln 11, 1071 DJ Amsterdam, The Netherlands
OS OILINVEST SERVICES A.G.
Loewenstrasse 50, Zurich, Switzerland
4
QUALITY SHOES COMPANY
UB 33,
In d u s tr ia l
Estate, San Gwann, Malta
SWAN LAUNDRY & DRY CLEANING COMPANY, LTD.
55, Racecourse Street, Marsa, Malta
Individuals
ABBOTT, John G.
3 4 Grosvenor Street, London W 1 X 9FG, United Kingdom
ABDULJAWAD, Kuhammed I.
(a.k.a. ABDUL JAWAD, Mohammed)
Tripoli, Libya
AGHIL, Yousef I,
Libya
BUSHWESHA, Abdullah
Libya
CHARALAMBIDES, Kypro®
Cyprus
EL BADRI, Abdullah Salim
Tripoli, Libya
EL GHRABLI, Abdudayem
Libya
EL HUWEIJ, Mohamed A.
Tripoli, Libya
FBRJANI, A.S.A.
Tripoli, Libya
OKADAMSI, Bashir
Italy
LAY AS, Mohammed H.
Tripoli, Libya
MANA, Salem
Libya
NAAS, Mahmoud.
Libya
PARADISSIOTIS, Christoforos Pavlou
Larnaca, Cyprus
34 Grosvenor Street, London W1X 9FG, United Kingdom
5
RIECKE, DT. Kama
Germany
SAUDI, Abdullah. A.
Manama, Bahrain
SI ALA, Mohamad Taber Hammuda
Tripoli, Libya
STAVROU, Stavroe
Cyprus
UGUETO, tula
Venezuela
WQJTEK, Dr. Ralf
Germany
Libya
YOUSEF, Mohamod T.
@FedFRASER