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FOREIGN ASSETS CONTROL ACT

BSA/AML, OFAC and Fraud
January 2, 2002
TO: CHIEF EXECUTIVE OFFICER 
SUBJECT: Specially Designated Nationals and Blocked Persons 

Pursuant to Section 106 of the USA PATRIOT Act of 2001, the financial assets of Benevolence International Foundation, Inc. and Global Relief Foundation, Inc., wherever located, are blocked. Benevolence International Foundation, Inc. is known to have offices in Illinois and New Jersey, and Global Relief Foundation, Inc. is known to have offices in Illinois. The Department of the Treasury's Office of Foreign Assets Control (OFAC) has added their names to its Specially Designated Nationals and Blocked Persons list.

Attached for your convenience is a copy of the latest OFAC bulletin and changes to the list of Specially Designated Nationals and Blocked Persons since January 1, 2001. The bulletin, the list and other OFAC information also may be found on the Internet at https://home.treasury.gov/policy-issues/office-of-foreign-assets-control-sanctions-programs-and-information . OFAC has asked that we distribute the information to all FDIC-supervised institutions so records can be checked for accounts that are required to be blocked. Please immediately distribute this information to the appropriate personnel in your institution. For further information about Executive Orders, the list of blocked accounts or the procedures to block accounts, please call OFAC's Compliance Programs Division at 1-800-540-6322.

For your reference, all FDIC Financial Institution Letters published since January of 1995 may be found on the FDIC's Web site at www.fdic.gov under "Newsroom, Events & FOIA." To learn how to automatically receive FDIC Financial Institution Letters through e-mail, please visit http://www.fdic.gov/news/news/announcements/index.html.

Michael J. Zamorski
Director
 

Attachments: 
A Bulletin from the Office of Foreign Assets Control 

Distribution: FDIC-Supervised Banks (Commercial and Savings)

NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-6003 or (703) 562-2200).

Last Updated: January 2, 2002