The decision allows PG&E to keep the plant online so long as the utility completes a lengthy relicensing process before Dec. 31, 2023, which requires it to outline a plan to address issues related to the safety and integrity of its reactors.
The Treasury’s Office of Foreign Assets Control accused the eight companies of assisting the Cartel Jalisco Nueva Generacion, which is estimated to be the second-largest drug cartel in Mexico and is thought to be responsible for a large portion of the fentanyl supply in the United States. The sanctions were enacted in coordination with the Mexican government, according to a press release.Of the eight companies, Servicios Administrativos Fordtwoo, S.A. de C.V., Integracion Badeva, S.A. de C.V.
“As CJNG has consolidated territory over the past decade, it has added other crimes to its core activity of drug trafficking,” OFAC Director Andrea M. Gacki said. “In tourist destinations such as Puerto Vallarta, CJNG has become heavily engaged in timeshare fraud, which often targets U.S. citizens. This crime, which can defraud victims of their life savings, results in another significant revenue stream for the cartel and strengthens its overall criminal enterprise.
As a result of the sanctions, all assets of the companies within the U.S. are blocked and must be reported to OFAC. The Treasury launched its first round of sanctions against the CJNG in 2015, with the most recent being a round of sanctions against companies accused of assisting it in 2021.
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