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US State Dept blacklists five Bulgarian public officials over corruption

US State Dept. blacklists five Bulgarian public officials over corruption Casper1774 Studio/Shutterstock.com SOFIA (Bulgaria), June 3 (SeeNews) - The US State Department banned five Bulgarians from entering the United States due to their involvement in significant corruption , it said. The persons sanctioned are Bulgaria s former deputy economy minister Alexander Manolev, Petar Haralampiev - former director of the State Agency for Bulgarians Abroad, Krasimir Tomov - the former chief secretary of the State Agency for Bulgarians Abroad, former MP Delyan Peevski, as well as Ilko Zhelyazkov - an official in the National Bureau for Control on Special Intelligence-Gathering Devices, the State Department said in a statement on Wednesday.

Minsk revokes decision on USAID operation in Belarus

Minsk revokes decision on USAID operation in Belarus MINSK. June 3 (Interfax) - Belarus has revoked the decision on the operation of the United States Agency for International Development (USAID) in the republic, Foreign Ministry spokesperson Anatoly Glaz said on Thursday. We also recalled our decision on the work in Belarus of the US Agency for international development, Glaz said in a commentary published on the ministry s website. The measures send a clear signal to the U.S. about the futility of pressure and coercion in relations with Belarus, he said. Other measures including reducing the diplomatic, administrative and technical staff at the U.S. embassy, tougher visa procedures, the restriction on U.S. specialists working in the republic on a temporary basis, he said.

OFAC Targets Corruption In Bulgaria With Designation of Influential Individuals and Companies | Kelley Drye & Warren LLP

UPDATE 1 - US Treasury Dept sanctions three Bulgarian individuals, their networks over corruption

Trade Matters - Lowenstein Sandler s Global Trade & Policy Newsletter - June 2021 | Lowenstein Sandler LLP

1. Recent Enforcement: Even Companies That Invest in Compliance Pay Penalties Since our April enforcement roundup, the Office of Foreign Assets Control (OFAC) and the Bureau of Industry and Security (BIS) in the Department of Commerce have issued several important penalty announcements. These enforcement actions demonstrate that even multinational companies that invest in compliance can run into problems without a continued commitment to monitoring and updating their programs. Global software company SAP SE paid a total of $8 million in a combined global resolution with the Department of Justice (DOJ), Commerce, and Treasury for illegal exports, and it also disgorged $5.14 million in profits. Between December 2009 and September 2019, the company exported its software, upgrades, and patches more than 20,000 times to end users in sanctioned countries, including Iran, without a license. As part of the settlement, SAP must perform three internal audits of its export compliance program

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