U.S. lifts sanctions on Colombian soccer team


  • World
  • Thursday, 26 Apr 2018

WASHINGTON (Reuters) - The United States lifted sanctions on Thursday on Colombian soccer team Envigado Futbol Club S.A. after it severed ties to a group involved in international drug trafficking and other criminal activities, the Treasury Department said.

The sanctions were imposed in November 2014 because the club's owner allowed the Oficina de Envigado crime gang to use its balance sheet to hide profits from drug trafficking, extortion and murder-for-hire, the Treasury's Office of Foreign Assets Control (OFAC) said at the time.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

King Charles and UK royals to relinquish dozens of patronages
Interview: China's import expo unique opportunity for Egyptian firms: Egyptian business leader
Roundup: T�rkiye's iconic palace updates Chinese porcelain exhibition after renovation
U.S. stocks close higher
Floods kill 4 mountain climbers in northern Iraq
Crude futures settle lower
World food prices continue to rise in April: FAO
U.S. dollar ticks down
Death toll from ongoing heavy rains in Tanzania rises to 161
Euro falls to historic low against Albanian lek

Others Also Read