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DEPARTMENT
OF THE TREASURY
WASHINGTON
[ Date
Stamped:
Aug 21 1992
]
ORDER
TO PROVIDE INFORMATION AND CEASE AND DESIST ACTIVITIES
FAC No. 129405
Dear Mr Fischer:
It has come to our attention that you are planning to play a
chess match for a cash prize in the
Federal
Republic of Yugoslavia
(
Serbia
and
Montenegro
) (
hereinafter "Yugoslavia" )
against Boris Spassky on or about
September
1, 1992.
As a U.S.
citizen,
you are subject to the prohibitions under Executive
Order 12810,
dated
June 5, 1992, imposing sanctions against
Serbia
and
Montenegro.
The United States Department of the Treasury, Office of Foreign
Assets Control ("FAC"), is charged with enforcement of the
Executive Order.
The Executive Order prohibits
U.S.
persons
from performing any contract in support of a commercial project in
Yugoslavia,
as well
as from exporting services to
Yugoslavia.
The purpose of this letter is to inform you that the performance
of your agreement with a corporate sponsor in
Yugoslavia
to play
chess is deemed to be in support of that sponsor's commercial activity.
Any transactions engaged in for this purpose are outside the
scope of General License No. 6, which authorizes only transactions to
travel, not to business or commercial activities.
In addition, we consider your presence in
Yugoslavia
for this
purpose to be an exportation of services to
Yugoslavia
in the
sense that the Yugoslav sponsor is benefiting from the use of your name
and reputation.
Violations of the Executive Order are punishable by civil
penalties not to exceed $10,000 per violation, and by criminal penalties
not to exceed $250,000 per individual, 10 years in prison, or both.
You
are hereby directed to refrain from engaging in any of the activities
described above. You are
further requested to file a report with this office within 10 business
days of your receipt of this letter, outlining the facts and
circumstances surrounding any and all transactions relating to your
scheduled chess match in
Yugoslavia
against
Boris Spassky. The report
should be addressed to: The U.S. Department of the Treasury, Office of
Foreign Assets Control, Enforcement Division,
1500
Pennsylvania Avenue, N.W., Annex - 2nd floor,
Washington
D.C.
20220.
If you have any questions regarding this matter, please contact
Merete M. Evans at (202) 622-2430.
Sincerely,
Richard
Newcomb
R.
Richard Newcomb
Director
Office of Foreign Assets Control
Mr. Bobby Fischer
c/o Hotels Sveti Stefan (Room 118)
85 315 Sveti Stefan
Montenegro,
Yugoslavia
cc:
Charles P. Pashayan, Jr., Esq.
1418 33rd
St., N.W.
Washington,
DC
20007
Choate & Choate
Attorneys at Law
The Pacific Mutual Building
523 West Sixth Street
Suite 541
Los Angeles, CA 90014
U.S. Embassy
Belgrade, Yugoslavia
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