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OFAC Designations: 7 Individuals and 3 Entities Under Nicaragua Sanctions Program

OFAC added 7 individuals and 3 entities to the Specially Designated Nationals and Blocked Persons List under Executive Order 13851. Designations include Nicaraguan government officials, gold sector miners, and associated companies operating in Nicaragua. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.

US Sanctions Ortega-Murillo Linked Gold Sector

The U.S. Department of State announced sanctions on two sons of Ortega and Murillo, five additional individuals, and seven companies involved in Nicaragua's gold sector. The sanctions target the regime's network of front companies and intermediaries used to generate foreign currency, launder sanctioned assets, and consolidate dynastic control. The action was taken under Executive Order 13851, as amended by E.O. 14088.