Ministry of Foreign
THIS past June 12, the United States
Treasury Department’s Office of Foreign Assets
Control (OFAC) announced a fine of $619 million
levied on the Dutch banking institution "ING Bank."
The U.S. government unilaterally
sanctioned the ING Bank, along with its subsidiaries
in France, Belgium, the Netherlands and Curacao, for
processing financial and commercial transactions for
Cuban entities, prohibited by the criminal U.S.
blockade of Cuba.
This is the largest fine ever
imposed by OFAC in its history, for alleged
violations of regulations established in accordance
with sanctions unilaterally imposed by the U.S. on
Announcing the measure, OFAC
director Adam Szubin, used threatening and
disrespectful language and once again made clear the
extraterritorial and interventionist nature of the
U.S. policy, when he said, "Our sanctions laws
reflect core U.S. national security and foreign
policy interests and OFAC polices them aggressively.
Today’s historic settlement should serve as a clear
warning to anyone who would consider profiting by
evading U.S. sanctions."
The government of Cuba denounces
this new outrage, which constitutes a mockery of the
worldwide demand that the United States put an end
to its policy of blockade against Cuba.
Havana, June 20, 2012