Holocaust-era assets and drug-related assets are both covered by this “Asset Search News Roundup”:
*My article “Searching For Nazi-Looted Art” described the Holocaust-era assets / contested provenance case ofBakalar v. Vavra, Index No. 05-CV-3037 (S.D.N.Y.). The trial court in Bakalar rejected the claim that Egon Schiele’s “Seated Woman With Bent Left Leg (Torso)” was Nazi-looted art ransacked during the Holpocaust from Austrian-Jewish entertainer Fritz Grunbaum. Bakalar, is now on appeal in the Second Circuit of the U.S. Court of Appeals and there was an oral argument in it on October 9, 2009.
**”Interdicting The Assets Of Mexico’s Narco-Traffickers” included a U.S. Treasury Office of Foreign Assets Control link chart and press release from October 2008. This link chart and press release basically indicated that Telesforo Baltazar Tirado Escamilla was subject to sanctions under the Foreign Narcotics Kingpin Designation Act (21 U.S.C.§ 1901-1908, 8 U.S.C.§ 1182) and Executive Order 12978 of October 21, 1995.
Telesforo Baltazar Tirado Escamilla was sanctioned for supposedly using his “Productos Farmaceuticos Collins” company to supply the Mexican narco-trafficking Amezcua Contreras Organization with the precursor materials for methamphetamine production.
The Office of Foreign Assets Control recently claimed via its September 2009 link chart and press release, that Telesforo Baltazar Tirado Escamilla had attempted to evade the sanctions. He is accused of evading the sanctions by using “key front individuals”, as the September 2009 link chart reveals:
(Click On The Link Chart To Enlarge It)
Link Chart: U.S. Treasury Office Of Foreign Assets Control
Copyright 2009 Fred L. Abrams