Sanctions to Venezuela's vice president
US Department of Treasury imposed sanctions yesterday against Venezuela's Vice President Tarek El Aissami and his primary frontman in the US. His assets in the US were seized (bank accounts, corporations, real property), and US nationals and entities prohibited to trade with them.
The sanction was imposed by the Office of Foreign Assets Control (OFAC) of the US Department of Treasury by designating him as a "Specially Designated National" (SDN). See explanation about SDNshere:
The Club understands that the sanction is only affecting this person, and not any other Venezuelan interest or Venezuelan state-owned assets in the US.
There is a press release of the US Department of Treasuryhere:
You may also be interested in:
This press release outlines Thomas Miller Americas' appointment of Meaghan Argentieri as a Senior Claims Executive to its New Jersey office.
The Club’s financial position remains strong with free reserves of $507 million as at 20 February 2021.
Since it launched in 2010, the International Group’s P&I Qualification (P&IQ) programme has grown to become one of the shipping industry’s foremost professional courses. In 2020, with its international reach and network, the IG P&IQ found itself perfectly positioned to deliver its courses and exams online. This led to the greatest participation levels to date, with 657 candidates sitting P&IQ examinations in the year.