New US Executive Order targeting Nicaragua

Trump5US President Donald Trump has issued a new Executive Order targeting Nicaragua. It imposes US asset freezes and travel bans on (inter alia) individuals and entities engaged in corruption, serious human rights abuses, and actions or policies which undermine democracy, or threaten the peace, security or stability of Nicaragua. It also targets officials of the Nicaraguan Government who have served at any time on or after 10 January 2007.

Pursuant to this new Executive Order, OFAC has sanctioned two of Nicaraguan President Daniel Ortega’s associates: Rosario Maria Murillo De Ortega, Vice President of Nicaragua and First Lady, and Nestor Moncada Lau, national security advisor to the President and Vice President. As a result, they will now be subject to US asset freezes and travel bans. See OFAC Notice, US Treasury Press Release, and White House Fact Sheet.