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###### Department of the Treasury

###### Office of Foreign Assets Control

# SUB-AGENCY:

Office of Foreign Assets Control.

# ACTION:

Notice.

      ( print page 21155)    

# SUMMARY:

The Department of Treasury's Office of Foreign Assets Control (“OFAC”) is publishing the names of two entities whose property and interests in property have been unblocked pursuant to Executive Order 13067 of November 3, 1997, “Blocking Sudanese Government Property and Prohibiting Transactions With Sudan,” and Executive Order 13412 of October 13, 2006, “Blocking Property of and Prohibiting Transactions With the Government of Sudan.”

# DATES:

The unblocking and removal from the list of Specially Designated Nationals and Blocked Persons (“SDN List”) of the entities identified in this notice whose property and interests in property were blocked pursuant to Executive Order 13067 of November 3, 1997, and Executive Order 13412 of October 13, 2006, is effective February 1, 2012.

# FOR FURTHER INFORMATION CONTACT:

Assistant Director, Sanctions Compliance and Evaluation, Office of Foreign Assets Control,  Department of the Treasury, 1500 Pennsylvania Ave. NW. (Treasury Annex), Washington, DC 20220, Tel.: (202) 622-2490.

# SUPPLEMENTARY INFORMATION:

## Electronic and Facsimile Availability

                    This document and additional information concerning OFAC are available from OFAC's Web site (                    *www.treas.gov/​ofac*). Certain general information pertaining to OFAC's sanctions programs also is available via facsimile through a 24-hour fax-on-demand service, tel.: (202) 622-0077.                

## Background

                    On November 3, 1997 the President, invoking the authority of,                     *inter alia,*                     the International Emergency Economic Powers Act (50 U.S.C. 1701-1706) (“IEEPA”), issued Executive Order 13067 (“E.O. 13067”). In E.O. 13067, the President declared a national emergency to deal with the Government of Sudan's continued support of international terrorism; ongoing efforts to destabilize neighboring governments; and the prevalence there of human rights violations, including slavery and the denial of religious freedom. Section 1 of E.O. 13067 blocks, with certain exceptions, all property and interests in property of the Government of Sudan that are in the United States, that hereafter come within the United States, or that hereafter come within the possession or control of United States persons, including their overseas branches. Section 4 defines the term “Government of Sudan” to include the Government of Sudan, its agencies, instrumentalities and controlled entities, and the Central Bank of Sudan.                

                    On October 13, 2006, the President, invoking the authority of,                     *inter alia,*                     IEEPA, issued Executive Order 13412 (“E.O. 13412”), in order to take additional steps with respect to the national emergency declared in E.O. 13067. Section 1 of E.O. 13412 restates the blocking of the Government of Sudan imposed by E.O. 13067. Section 6 excludes the regional government of Southern Sudan from the definition of the Government of Sudan.                

On February 1, 2012, OFAC removed the entities listed below, whose property and interests in property were blocked pursuant to E.O. 13067 and E.O. 13412 from the SDN List:

1. PEOPLE'S CO-OPERATIVE BANK, P.O. Box 922, Khartoum, Sudan; [SUDAN]

2. UNITY BANK, Bariman Avenue, P.O. Box 408, Khartoum, Sudan; Now part of BANK OF KHARTOUM GROUP; [SUDAN]

Dated: January 31, 2012.

Adam J. Szubin,

Director, Office of Foreign Assets Control.

[FR Doc. 2012-8409 Filed 4-6-12; 8:45 am]

BILLING CODE 4810-AL-P