On 24 February 2015, the US Treasury Department announced that it has designated five individuals and fourteen entities as Specially Designated Narcotics Traffickers. The designations are made pursuant to the Foreign Narcotics Kingpin Designation Act and target individuals and entities involved in the international steroid trafficking organisation led by Slovenian Mihael Karner.
Under the sanctions, listed individuals and entities will have all of their assets within United States jurisdiction frozen and US persons will generally be prohibited from engaging in transactions with them.
Speaking on 24 February 2015, Acting Director of the Office of Foreign Assets Control John E. Smith stated that “With today’s action against the network of Mihael Karner, we are targeting key associates and front companies of a powerful and resilient international steroids trafficking organisation”, adding that “This action emphasises our commitment to target powerful drug trafficking organisations worldwide and their money laundering support networks”.
In addition to these updates, the US Treasury Department has also added three other individuals and three entities to its Specially Designated Nationals and Blocked Persons List, removed one individual and one entity, and changed the entries for two individuals. A full record of the updates to the List is here.