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LatinNews Daily - 20 December 2021

US sanctions Brazil’s PCC

Brazil: On 15 December the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Brazil-based drug trafficking organisation (DTO) Primeiro Comando da Capital (PCC), for “engaging in, or attempting to engage in, activities or transactions that materially contributed to, or pose a significant risk of materially contributing to, the international proliferation of illicit drugs or their means of production”. According to OFAC, PCC operates one of the world’s largest cocaine trafficking rings and is most powerful organized crime group in Brazil and among the most powerful in the world. It says that the PCC, which arose in São Paulo in the 1990s, “has forged a bloody path to dominance through drug trafficking, as well as money laundering, extortion, murder-for-hire, and drug debt collection” adding that it operates throughout South America, and its operations reach the US, Europe, Africa, and Asia. As a result of the sanctions, all property and interests in property of the designated individuals or entities that are in the US or in the possession or control of US persons must be blocked and reported to OFAC. In addition, any entities that blocked persons hold a direct or indirect majority share of are also blocked. A US embassy statement highlights that the US “is committed to ongoing strong cooperation with Brazilian authorities in the effort to limit and dismantle narcotrafficking activities affecting both countries and the region”.

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