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| 9/30/2008 12:00:00 AM

Treasury freezes U.S. assets of FARC members

Sept 30 -- The U.S. Treasury Department on Tuesday froze the U.S. assets of eight members of the Revolutionary Armed Forces of Colombia, or FARC, which it has deemed a narco-terrorist organization.

The Treasury's action, termed a "designation," also prohibited Americans from conducting business with FARC.

"Today's designation exposes eight 'International Commission members' of the FARC," said Adam Szubin, director of Treasury's Office of Foreign Assets Control. "Through their service to the FARC as international representatives and negotiators, these persons provide material support to a narco-terrorist organization."

Read the full article here.
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