Secretary General Pompeo announces sanctions against Ortega regime in Nicaragua

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Financial sanctions were imposed on Rafael Ortega, the son of a Nicaraguan leader, and three companies controlled by the ruling family

The United States on Thursday imposed new financial sanctions on Rafael Ortega, the son of Nicaraguan leader Daniel Ortega, and three companies registered in Nicaragua. This is stated in a statement by Secretary of State Mike Pompeo, published on the website of the Department of State.

The new sanctions testify to the US’s determination to “use all economic and diplomatic tools to hold Daniel Ortega’s government accountable for corruption and flagrant violations of human rights, and to support the Nicaraguan people’s struggle to return to democracy,” said Pompeo in a statement.

US authorities froze all assets of Rafael Ortega, as well as Inversiones Zanzibar, Servicio De Proteccion Y Vigilancia and DNP, in the US jurisdiction. All US citizens are prohibited from conducting any transactions with Ortega and the above companies.

Rafael Ortega manages the finances of the Nicaraguan President’s family and works closely with Nicaraguan Vice President and First Lady Rosario Murillo, who is already under US sanctions. The president’s son uses Inversiones Zanzibar and Servicio De Proteccion Y Vigilancia for money laundering and other illegal operations.

Servicio De Proteccion Y Vigilancia is a security company earning millions of dollars through lucrative contracts with the government. DNP owns a network of gas stations controlled by the Ortega family.

The United States is calling on the Ortega regime to resume dialogue with the opposition and restore democracy in the country … The acute political crisis in Nicaragua can only be resolved through free and fair elections that will reflect the will of the Nicaraguan people,” said Mike Pompeo.

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