Nikolay Simeonov MALINOV

Bulgaria

1968-09-12

Sofia, Bulgaria

Male

Sredna Gora Street 131, Sofia, Bulgaria

6809126520, National ID No.; 640466277, Personal ID Card

Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned five current or former Bulgarian government officials — Rumen Stoyanov Ovcharov (Ovcharov), Aleksandar Hristov Nikolov (Nikolov), Ivan Kirov Genov (Genov), Nikolay Simeonov Malinov (Malinov), and Vladislav Ivanov Goranov (Goranov) — for their extensive involvement in corruption in Bulgaria. OFAC also designated four entities owned or controlled by Malinov, as well as an entity owned or controlled by Goranov. These individuals and entities are being designated pursuant to Executive Order (E.O.) 13818, which builds upon and implements the Global Magnitsky Human Rights Accountability Act and targets perpetrators of serious human rights abuse and corruption around the world. Nikolay Simeonov Malinov was a member of parliament from the BSP and now leads the pro-Russian lobby group Russophiles National Movement. He is also the founder and chairman of the Russophiles for the Revival of the Fatherland Political Party, which advocates for stronger ties with Russia and is the political extension of Russophiles National Movement. After he was arrested and charged with espionage for spying for Russian-backed interests and barred from international travel in September 2019, Malinov bribed a Bulgarian judge to allow him to travel to Russia to personally receive the Friendship Medal from Russian President Vladimir Putin, which came with a 2.5 million Russian ruble award. OFAC is designating Malinov pursuant to E.O. 13818 for being a foreign person who is a current or former government official, or a person acting for or on behalf of such an official, who is responsible for or complicit in, or has directly or indirectly engaged in, corruption, including the misappropriation of state assets, the expropriation of private assets for personal gain, corruption related to government contracts or the extraction of natural resources, or bribery. OFAC is also designating four entities, Inter Trade 2021 EOOD, MS Konsult 2016 EOOD, Russophiles National Movement, and Russophiles for the Revival of the Fatherland Political Party, pursuant to E.O. 13818 for being owned or controlled by, directly or indirectly, Malinov.

US

https://home.treasury.gov/news/press-releases/jy1264

2023-02-10

US

Executive Order 13818 - Global Magnitsky

OFAC-horizontal

Human Rights

Blocking Property, Suspending Entry

• https://ofac.treasury.gov/faqs/topic/5441

On December 23, 2016, the President signed the Global Magnitsky Human Rights Accountability Act (Pub. L. 114-328, Title XII, Subtitle F) (the “Act”) into law. The Act authorized the President to impose targeted sanctions on any foreign person the President determines is, among other things, responsible for extrajudicial killings, torture, or other gross violations of internationally recognized human rights, or a government official, or a senior associate of such an official, responsible for, or complicit in, ordering, controlling, or otherwise directing, acts of significant corruption. On December 20, 2017, the President, invoking the authority of, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701-1706) (IEEPA), issued Executive Order 13818 (82 FR 60839, December 26, 2017) (E.O. 13818), effective at 12:01 a.m. eastern standard time on December 21, 2017. In E.O. 13818, the President determined that serious human rights abuse and corruption around the world constitute an unusual and extraordinary threat to the national security, foreign policy, and economy of the United States and declared a national emergency to deal with that threat. OFAC is issuing the Global Magnitsky Sanctions Regulations, 31 CFR part 583 (the “Regulations”), to implement the Act and E.O. 13818, pursuant to authorities delegated to the Secretary of the Treasury in E.O. 13818. A copy of E.O. 13818 appears in appendix A to this part.

SDN