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Sanctions Profile: Nicaragua
At a glance
The EU adopted a new sanctions regime against Nicaragua on 15 October 2019 by Council Regulation (EU) 2019/1716 and Council Decision (CFSP) 2019/1720. The EU can therefore impose asset freezing measures and travel bans on individuals and entities determined to be responsible for human rights violations and abuses, the repression of civil society and democratic opposition, and undermining democracy and the rule of law in Nicaragua.
News
US Nicaragua listings including President’s son
OFAC has added Rafael Antonio Ortego Murillo, the son of President Daniel Ortega to its SDN list under E.O. 13851 (asset freeze and travel ban) on the grounds that he has used his 2 companies to finance and launder money for the Ortega regime. The first company, Inversiones Zanzibar SA, is said to be a front company to procure petrol …
Nicaragua
Third countries align with 7 EU sanctions regimes
In October, the EU adopted: Council Decision (CFSP) 2019/1663, which renewed sanctions against 3 Libyan nationals for 6 months; Council Decision CFSP 2019/1720, which established a new sanctions regime against Nicaragua in view of the recent human rights abuses in the region (see post); Council Decision (CFSP) 2019/1721, and Council Decision (CFSP) 2019/1722, which renewed for 1 year restrictive measures …
Libya
Terrorism
Guinea
Moldova
Burundi
OFAC sanctions 3 Nicaraguan government officials
OFAC has imposed asset freezes on 3 Nicaraguan government officials, who it says have played a role in directing entities engaged in human rights abuses, election fraud, and corruption. They are Ramon Antonio Avellan Medal, Lumberto Ignacio Campbell Hooker, and Roberto Jose Lope Gomez. Ramon Medal has also been designed for human rights abuses pursuant to the Nicaragua Human Rights …