UN SECURITY COUNCIL IMPOSES SANCTIONS ON CENTRAL AFRICAN REPUBLIC DIAMOND TRADING COMPANY
The United Nations Security Council Committee concerning the Central African Republic (CAR) has imposed sanctions against the CAR’s diamond trading company and its Belgian branch, along with three individuals who have been deemed by the Council to be linked to the ongoing conflict in the CAR. The sanctioned diamond trading company is detailed in the Security Council announcement as Bureau d’achat de Diamant en Centrafrique (BADICA), also known as Kardiam, which is reportedly BADICA’s Belgium-based representative company.
Operating under Security Council Resolution 2196 (2015), paragraphs 4 and 7, the sanctions specifically declare all the company’s assets to be frozen.
U.S. Imposes Sanctions Tied to Conflict in Central African Republic
The U.S. imposed a round of sanctions on militia leaders it says are responsible for violence in Central African Republic, as well as on two companies that are allegedly facilitating trade in blood diamonds.
The U.S. Department of Treasury’s Office of Foreign Assets Control said Friday it targeted Alfred Yekatom and Habib Soussou, leaders of Anti-Balaka armed groups, and Oumar Younous, a leader of the Seleka armed group. Treasury also targeted Badica, one of the largest diamond companies in the Central African Republic, and Kardiam, its branch in Antwerp, Belgium.
Wall Street Journal