OFAC authorises certain transactions involving the Felix Maduro Group

Last month, OFAC imposed sanctions on the Waked Money Laundering Organisation and several of its associates, including Felix Maduro and his group of companies (see previous blog). OFAC has now said in a statement that, in support of Panama’s efforts to deny resources to Specially Designated Narcotics Traffickers and protect the international financial system, non-US persons will not be designated...

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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