#ofac-sanctions

#ofac-sanctions

"The company has not been extended a special license by the United States Department of Finance, which enables smooth operational business," NIS said in a statement."Since the listing of the company on the SDN (Specially Designated Nationals) list in January, NIS has been carefully monitoring the situation and trying to adapt its operations to the new circumstances...NIS has secured sufficient stocks of oil for processing at this time, while gas stations are properly supplied with all types of oil derivatives.

The main target of the action is the laboratory supply company Sumilab, based in Culiacan, the capital of the Mexican state of Sinaloa. The Treasury Department, which previously sanctioned the company in 2023, maintains that this business participates in the Sinaloa Cartel's fentanyl production chain. The U.S. identified the Favela Lopez family as being behind the Sumilab operation, specifically four siblings (Victor Andres, Francisco, Jorge Luis, and Gabriela) and some of their partners (Jairo Verdugo and Gilberto Gallardo).