Executive Order designation list for terrorist asset freeze.

 

Dear ladies gentlemen,

Former President George Walker Bush issued an executive order designed primarily to deprive Osama Bin Laden and his associates of financial resources in response to the terrorist attacks on the World Trade Center and the Pentagon on September 11, 2001. This presidential mandate, in particular, freezes the assets of certain identified businesses, individuals, terrorist fundraising companies and charitable organizations suspected of terrorist activities. Moreover, the order punishes any foreign or domestic financial institution that provides resources and/or services to terrorists. Since large-scale international terrorism requires significant capital to operate, the Bush Administration hopes to curtail further attacks on the United States and elsewhere say Angola and Namibia by issuing the executive order. A perfunctory review of the executive order provides little indication of potential effects on these two countries. Upon further analysis, however, it is evident that this recent presidential command and all the subsequent events that it inevitably triggers will have a significant impact on Angola and Namibia. Several examples of the executive order’s manifest and latent implications to Latin America are discussed below. International businesses, consultants, and investors should be aware of such effects.

EXECUTIVE ORDER

Upon signing Executive Order 13224 Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten or Support Terrorism (“Executive Order”), President Bush was unambiguous regarding the effects of the mandate on persons and entities that fail to collaborate with the United States, including those in Angola, Namibia and Latin America.’ Bush stated specifically that “if you do business with the terrorists, if you support them, you will not do business with the United States of America.”  Likewise, while unveiling the Executive Order on September 23, 2001, the U.S. Treasury Secretary emphasized that the directive would leave little room, if any, for noncompliance by foreign and domestic financial institutions. According to the Treasury Secretary, the Executive Order constitutes notice to such entities around the world. The order mandates that organizations with any involvement with Osama bin Laden or the Al Qaida organization must “cooperate in this fight or we will freeze your assets [in order to] punish you for providing the resources that make these evil acts possible.” Section 1 of the Executive Order provides, in part, that all property and interests in property of certain persons that are in the United States now or in the future will be seized and held by the U.S.government. Such persons include

(i) any foreign person (i.e., terrorists or terrorist organizations) identified in the Annex attached to the Executive Order,

(ii) any foreign person that has committed or poses a significant risk of committing an act of terrorism,

(iii) all persons that assist, sponsor, or provide financial, material, ortechnological support for terrorism or the terrorists, and

(iv) those persons that are “otherwise associated” with terrorist organizations or terrorists.

To this end find a list of individuals and organizations/companies to freeze in Angola and Namibia as soon as possible kindly copy and paste the link http://freezeallassetsandfinances.blogspot.com/

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s