Nelson Francisco SOBALVARRO

Nicaragua

1976-11-22

Jinotega, Nicaragua

Male

Managua, Nicaragua

2412211760007F, National ID No.; C03238305, Passport

Business

Nelson Francisco Sobalvarro (Sobalvarro) is the legal representative of COMINTSA with general power of attorney. Sobalvarro transferred COMINTSA’s mining concessions to Zhong Fu prior to sanctions and to Thomas Metal after COMINTSA was sanctioned. Today, OFAC designated Sobalvarro pursuant to E.O. 13851, as amended, for acting for or purporting to act for or on behalf of, directly or indirectly, COMINTSA, and for operating or having operated in the gold sector of the Nicaraguan economy.

US

https://home.treasury.gov/news/press-releases/sb0451

2026-04-16

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.