amandat Posted September 1, 2011 Report Share Posted September 1, 2011 The US Treasury posted this information on 9/1/11. http://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20110831.aspx 1 1 Link to comment Share on other sites More sharing options...
mojack Posted September 1, 2011 Report Share Posted September 1, 2011 Interesting, that's a positive move. Link to comment Share on other sites More sharing options...
AENewman Posted September 1, 2011 Report Share Posted September 1, 2011 (edited) Oh I see Edited September 1, 2011 by AENewman 1 3 Link to comment Share on other sites More sharing options...
Barriegirl Posted September 1, 2011 Report Share Posted September 1, 2011 I believe it is referring to a "person" who resides in Germany and/or Iraq. Note that there is a person's name before those countries. 1 1 Link to comment Share on other sites More sharing options...
coyotestones Posted September 1, 2011 Report Share Posted September 1, 2011 Specially Designated Nationals List (SDN) 9/1/2011 Page Content Get e-mail updates when this information changes. As part of its enforcement efforts, OFAC publishes a list of individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries. It also lists individuals, groups, and entities, such as terrorists and narcotics traffickers designated under programs that are not country-specific. Collectively, such individuals and companies are called "Specially Designated Nationals" or "SDNs." Their assets are blocked and U.S. persons are generally prohibited from dealing with them. http://www.treasury.gov/resource-center/sanctions/SDN-List/Pages/default.aspx I did not read this as Iraq was removed from the list. I saw it as ALI was removed where his assets may be controlled by germany and iraq. exact wording below..... The following deletions have been made to OFAC's SDN list: ALI, Ali Abdul Mutalib, Germany (individual) [iRAQ2] 1 1 Link to comment Share on other sites More sharing options...
vvalley Posted September 1, 2011 Report Share Posted September 1, 2011 What exactly does this mean??? .....Anyone who understands, can you please enlighten me? Thanks and much appreciation! Veronica 1 Link to comment Share on other sites More sharing options...
mqchau Posted September 1, 2011 Report Share Posted September 1, 2011 I second that motion...WTH does this really mean? Good or Bad? Link to comment Share on other sites More sharing options...
vvalley Posted September 1, 2011 Report Share Posted September 1, 2011 Specially Designated Nationals List (SDN) 9/1/2011 Page Content Get e-mail updates when this information changes. As part of its enforcement efforts, OFAC publishes a list of individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries. It also lists individuals, groups, and entities, such as terrorists and narcotics traffickers designated under programs that are not country-specific. Collectively, such individuals and companies are called "Specially Designated Nationals" or "SDNs." Their assets are blocked and U.S. persons are generally prohibited from dealing with them. http://www.treasury.gov/resource-center/sanctions/SDN-List/Pages/default.aspx I did not read this as Iraq was removed from the list. I saw it as ALI was removed where his assets may be controlled by germany and iraq. exact wording below..... The following deletions have been made to OFAC's SDN list: ALI, Ali Abdul Mutalib, Germany (individual) [iRAQ2] Specially Designated Nationals List (SDN) 9/1/2011 Page Content Get e-mail updates when this information changes. As part of its enforcement efforts, OFAC publishes a list of individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries. It also lists individuals, groups, and entities, such as terrorists and narcotics traffickers designated under programs that are not country-specific. Collectively, such individuals and companies are called "Specially Designated Nationals" or "SDNs." Their assets are blocked and U.S. persons are generally prohibited from dealing with them. http://www.treasury.gov/resource-center/sanctions/SDN-List/Pages/default.aspx I did not read this as Iraq was removed from the list. I saw it as ALI was removed where his assets may be controlled by germany and iraq. exact wording below..... The following deletions have been made to OFAC's SDN list: ALI, Ali Abdul Mutalib, Germany (individual) [iRAQ2] Thanks for the explanation coyotestones!!!!!! Link to comment Share on other sites More sharing options...
cy2314 Posted September 1, 2011 Report Share Posted September 1, 2011 The SDN list is a listing of individuals and businesses that are prohibited from doing business with U.S. citizens. This entry is simply removing someone named Ali Abdul Mutalib, a citizen of Germany and/or Iraq from this restricted list. And no, he is not Ali of Dinar Trade. Link to comment Share on other sites More sharing options...
mojack Posted September 1, 2011 Report Share Posted September 1, 2011 Specially Designated Nationals List (SDN) 9/1/2011 Page Content Get e-mail updates when this information changes. I did not read this as Iraq was removed from the list. I saw it as ALI was removed where his assets may be controlled by germany and iraq. exact wording below..... The following deletions have been made to OFAC's SDN list: ALI, Ali Abdul Mutalib, Germany (individual) [iRAQ2] You're right!!!! Link to comment Share on other sites More sharing options...
FrankenSLI Posted September 1, 2011 Report Share Posted September 1, 2011 The SDN list is a listing of individuals and businesses that are prohibited from doing business with U.S. citizens. This entry is simply removing someone named Ali Abdul Mutalib, a citizen of Germany and/or Iraq from this restricted list. And no, he is not Ali of Dinar Trade. Thank you Cy. Link to comment Share on other sites More sharing options...
Heavyduty053 Posted September 1, 2011 Report Share Posted September 1, 2011 As of today the US treasury has deleted Iraq from financial sanctions effective 9/1/11 1 1 Link to comment Share on other sites More sharing options...
Nelson0528 Posted September 1, 2011 Report Share Posted September 1, 2011 (edited) Not quite Heavy. They only removed one name from 2 lists. There are still another 539 persons and entities on the list from Iraq. Edited September 1, 2011 by Nelson0528 1 Link to comment Share on other sites More sharing options...
Goeers Posted September 1, 2011 Report Share Posted September 1, 2011 (edited) Ali of DT????? just asking the question.... Forgot his last name..... Edited September 1, 2011 by Goeers Link to comment Share on other sites More sharing options...
HopefulTxn Posted September 1, 2011 Report Share Posted September 1, 2011 (edited) According to the US Treasury site it seems that Iraq as whole was removed from the OFAC list in July of 2004, however individuals and companies were incorporated into the SDN list: On July 30, 2004, the President issued a new Executive Order 13350 effectively lifting the sanctions against Iraq and expanding the authorities of E.O. 13315 with regard to the former Iraqi regime, including an Annex containing the names of parties blocked under this order. These names have been incorporated into OFAC's SDN list. http://www.treasury.gov/resource-center/sanctions/Documents/iraq.txt It would seem any Iraqi related items being removed from the OFAC list would not be anything related to government or it's entities, but simply certain people and/or companies located within Iraq. Edited September 1, 2011 by HopefulTxn 1 Link to comment Share on other sites More sharing options...
Nelson0528 Posted September 1, 2011 Report Share Posted September 1, 2011 Indeed it would. Thanks for the addiitonal clarification!!! 1 Link to comment Share on other sites More sharing options...
Dalite Posted September 1, 2011 Report Share Posted September 1, 2011 I second that motion...WTH does this really mean? Good or Bad? I posted it earlier, along with the definitions and an excerpt from the Congressional Record discussing why he was determined a SDN I drew no conclusions. Previous Post Ali of DT????? just asking the question.... Forgot his last name..... No A search for this Ali brought up zero mention of DT. Link to comment Share on other sites More sharing options...
Goeers Posted September 1, 2011 Report Share Posted September 1, 2011 This guy was probably being watched as aterrorist, drug trafficker, etc, This is from the treasury website......As part of its enforcement efforts, OFAC publishes a list of individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries. It also lists individuals, groups, and entities, such as terrorists and narcotics traffickers designated under programs that are not country-specific. Collectively, such individuals and companies are called "Specially Designated Nationals" or "SDNs." Their assets are blocked and U.S. persons are generally prohibited from dealing with them. Click here for more information on Treasury's Sanctions Programs. Link to comment Share on other sites More sharing options...
Shick Posted September 1, 2011 Report Share Posted September 1, 2011 The US Treasury posted this information on 9/1/11. http://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20110831.aspx Just read that earlier, but do you understand it, if so please explain it to us. This guy was probably being watched as aterrorist, drug trafficker, etc, This is from the treasury website......As part of its enforcement efforts, OFAC publishes a list of individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries. It also lists individuals, groups, and entities, such as terrorists and narcotics traffickers designated under programs that are not country-specific. Collectively, such individuals and companies are called "Specially Designated Nationals" or "SDNs." Their assets are blocked and U.S. persons are generally prohibited from dealing with them. Click here for more information on Treasury's Sanctions Programs. Thanks Goeers, and this has nothing to do with deleting the zeros from the dinars huh! Link to comment Share on other sites More sharing options...
HopefulTxn Posted September 1, 2011 Report Share Posted September 1, 2011 Ali of DT????? just asking the question.... Forgot his last name..... The owner of DT is Ali Agha. Link to comment Share on other sites More sharing options...
Goeers Posted September 1, 2011 Report Share Posted September 1, 2011 The owner of DT is Ali Agha. Yeah!!! That's right!!!! Link to comment Share on other sites More sharing options...
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