Treasury Takes Sweeping Action Against Global Narcotics Traffickers

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning 12 individuals and eight entities, located across seven countries, who are linked to the global illicit drug trade. Today’s action, taken pursuant to Executive Order (E.O.) 14059, underscores the United States’ commitment to combating the synthetic drug threat at home and abroad.“Drug trafficking organizations continue to rely on a global web of producers, transporters, and sellers to bring their deadly wares to market,” said Acting Under Secretary for Terrorism and Financial Intelligence Bradley T. Smith. “The United States, leveraging our strong domestic and international partnerships, will continue to disrupt the financial networks that enable the illicit drug trade.”Today’s sanctions are the result of strong collaboration with the Drug Enforcement Administration and a range of international law enforcement partners, including in Colombia, Lithuania, and New Zealand.