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Sias Investment Pvt Ltd

On the SDN listEntitySDGT

Sias Investment Pvt Ltd (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Program: SDGT. Addresses on file in: Maldives. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Maldives has 30 entities, vessels or aircraft with an address on the SDN list. Other sanctioned entities with an address in Hulhumale 23000 are listed below.

Sanctions program

Specially Designated Global Terrorists (SDGT) SDGT

Counterterrorism program based on Executive Order 13224, signed after the September 2001 attacks. It blocks the property of persons and organizations that commit or support terrorist acts, and of those who provide them with services or financing.

Also known as

  • SIAS TRADING · aka

Addresses on file

  • Hulhumale, Lot 10799, Unigas Magu, Hulhumale 23000, Maldives

OFAC remarks

Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 06 Jul 2021; Organization Type: Retail sale via mail order houses or via Internet; Business Number BN26372021 (Maldives); Business Registration Number BP23702021 (Maldives) issued 12 Jul 2021; Registration Number C-0696/2021 (Maldives); Linked To: AFRAAH, Ahmed.

Other sanctioned entities in Hulhumale 23000

Sharing a city does not imply any link between these entities.

Frequently asked questions

What does it mean that Sias Investment Pvt Ltd is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Sias Investment Pvt Ltd?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.