Treasury Sanctions Government Officials, Nicaraguan Regime-Linked Gold Firms, and Individuals Involved in Seizing U.S.-Owned Property

WASHINGTON—Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned five individuals and seven companies that operate in Nicaragua’s gold sector of the Nicaraguan economy and help the Murillo-Ortega dictatorship generate money and maintain political control in Nicaragua. Those targeted today include Nicaraguan entities and individuals involved in the forceful seizure of U.S.-owned property in Nicaragua; Nicaragua’s Vice Minister of the Ministry of Energy and Mines; Nicaraguan entities that have assumed gold concessions previously held by sanctioned parties; and two sons of Rosario Murillo and Daniel Ortega, Nicaragua’s co-presidents, who serve as officials in the Nicaraguan government.