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

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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