Nicaragua; Nicaragua; Nicaragua; Nicaragua

Managua, Nicaragua

MG00-22-012292, Public Registration Number; MC-XFOU0Q, Business Number; J0310000400210, RUC #; UAF-RSO-C-XII-615-2022, Business Number

Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is targeting the Ortega-Murillo regime’s repression of the Nicaraguan people and its ability to manipulate the gold sector and profit from corrupt operations. Treasury is imposing sanctions on three Nicaragua-based entities, the Training Center of the Russian Ministry of Internal Affairs in Managua (RTC); Compania Minera Internacional, Sociedad Anónima (COMINTSA); and Capital Mining Investment Nicaragua, Sociedad Anónima (Capital Mining), pursuant to Executive Order (E.O.) 13851, as amended. The designations of COMINTSA and Capital Mining target government-affiliated gold companies generating revenue for the Ortega-Murillo regime. Gold is Nicaragua’s top commodity export, and this action aims to degrade the ability of the Ortega-Murillo regime to manipulate the sector and profit from the corrupt operations of COMINTSA and Capital Mining. COMINTSA is a Nicaraguan mining company and one of several regime-aligned companies that operate or have operated in Nicaragua’s gold sector. Having revoked the license for operations from another artisanal mining company, the General Directorate of Mines granted COMINTSA concession areas for exploration and extraction of gold in the in the Autonomous Region of the North Caribbean Coast of Nicaragua in 2023. COMINTSA is reportedly owned and led by Salvador Mansell Castrillo (Mansell Castrillo), who is under OFAC sanctions. On November 15, 2021, OFAC designated Mansell Castrillo pursuant to E.O. 13851 for having served as an official of the Government of Nicaragua at any time on or after January 10, 2007. Subsequently, on October 24, 2022, OFAC designated the General Directorate of Mines pursuant to E.O. 13851 for being owned or controlled by or having acted or purported to act for or on behalf of, directly or indirectly, Mansell Castrillo. COMINTSA is being designated pursuant to E.O. 13851, as amended, for operating or having operated in the gold sector of the Nicaraguan economy.

https://home.treasury.gov/news/press-releases/jy2339

2024-05-15

US

Executive Order 13851 of November 27, 2018 Blocking Property of Certain Persons Contributing to the Situation in Nicaragua

OFAC country specific

Nicaragua

Blocking Property, Suspending Entry

• https://ofac.treasury.gov/faqs/topic/2581

On November 27, 2018, the President, invoking the authority of, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701–1706) (IEEPA), issued Executive Order 13851 (83 FR 61505, November 29, 2018) (E.O. 13851). In E.O. 13851, the President determined that the situation in Nicaragua, including the violent response by the Government of Nicaragua to the protests that began on April 18, 2018, and the Ortega regime's systematic dismantling and undermining of democratic institutions and the rule of law, its use of indiscriminate violence and repressive tactics against civilians, and its corruption leading to the destabilization of Nicaragua's economy, constitute an unusual and extraordinary threat to the national security and foreign policy of the United States, and declared a national emergency to deal with that threat.