UNIVISA S.A.

Colombia

Calle 9 No. 4-50 Of. 301, Cali, Colombia

805011494-2, NIT #

Today's action also targets a key money laundering network linked to Quintero Sanclemente headed by Cali-based money launderer Walter Lopez Rodriguez, who owns or controls a network of front companies, including Univisa S.A., a Colombian money exchange business used to launder significant drug profits for Quintero Sanclemente. In May 2007, Colombia's Superintendencia Financiera fined Univisa S.A. for failing to comply with standard anti-money laundering practices under Colombian law. The company is not currently active.

US

https://home.treasury.gov/news/press-releases/tg505

2010-01-14

US

Narcotics Trafficking Sanctions Regulations, 31 C.F.R. part 536

OFAC-horizontal

Drugs

Blocking Property

OFAC administers two sanctions programs with respect to narcotics trafficking. The Narcotics Trafficking Sanctions Regulations, 31 CFR part 536 (NTSR), implement Executive Order (E.O.) 12978 of October 21, 1995, “Blocking Assets and Prohibiting Transactions With Significant Narcotics Traffickers” (60 FR 54579, October 24, 1995), as amended by E.O. 13286 of February 28, 2003, “Amendment of Executive Orders, and Other Actions, in Connection With the Transfer of Certain Functions to the Secretary of Homeland Security” (68 FR 10619, March 3, 2003), in which the President declared a national emergency, and imposed sanctions, with respect to “the actions of significant foreign narcotics traffickers centered in Colombia, and the unparalleled violence, corruption, and harm that they cause in the United States and abroad.”

SDN