Soho Mall Taken Off Clinton List

After the sale of the shopping center was confirmed to a Mexican group, the US Treasury Department has lifted the sanctions it imposed in May last year.

Wednesday, June 14, 2017

The exclusion from the list of persons and companies linked to money laundering and drug trafficking activities was confirmed by the Office of Foreign Assets Control (OFAC) on its website on June 14. 

The exit from the so-called Clinton List was confirmed after the sale of the mall's assets to a Mexican business group, made up of Cinépolis and a shopping center developer, which was formalized several days ago. reports that "...The operations of the mall were affected on May 5, 2016, when its then-owner, Abdul Waked and his businesses were included on the Clinton List."

See OFAC Notice on Soho Mall.

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