White House stemming flow of remittances

Posted on Tue, Oct. 26, 2004

White House stemming flow of remittances

President Bush has ordered that U.S. nationals be barred from sending money to Cuba through the transfer company SerCuba.

BY PABLO BACHELET
pbachelet@herald.com


WASHINGTON - The Bush administration announced Monday that it was barring U.S. nationals from using SerCuba, a money-transfer company, to send remittances to the island.

The Treasury Department added SerCuba to its list of Specially Designated Nationals, meaning that U.S. citizens and residents are forbidden from engaging in any transactions with the firm and that any assets belonging to the firm in the hands of U.S. nationals would be blocked.

SerCuba, Treasury said in a statement, operates under Cuban law and is supported by Cimex, a state-run trading company.

SerCuba allows people subject to U.S. jurisdiction to send cash to Cuba via third countries or through its website ( www.sercu ba.com), according to the Bush administration.
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http://www.miami.com/mld/miamiherald/10014046.htm
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do you think Cuban Americans will still vote for Bush now?

Bush is a heartless bastard cutting off annual visits and now the money that is so important to these families. Too bad he hasn't been as vigiliant to cut off al Qaeda's sources of funding.

the bush regime seems to be making some fatal
calls during the home stretch. This has to be one
of them.