EMBASSY RECEIVES 1ST FORMAL REQUEST TO LIFT COMPANY FROM

UNCLAS SECTION 01 OF 02 KHARTOUM 001288 SIPDIS DEPT FOR AF/SPG, AF/EPS, EB/IFD, AND EB/ESC DEPT PLS PASS USAID FOR AFR, AND ALSO PASS USAID SIPDIS SENSITIVE E.O. 12958: N/A TAGS: PREL PGOV EFIN ECON EAID SU SUBJECT: EMBASSY RECEIVES 1ST FORMAL REQUEST TO LIFT COMPANY FROM SANCTIONS LIST REF: ¶1. (U) SUMMARY: On July 24, Embassy Khartoum received its first formal request from a company asking to be removed from the specially designated nationals (SDN) sanctions list issued on May 29, 2007. Osman El-Hadi of the Shiekan Insurance and Reinsurance Company contends that although the company is owned by the Government of Sudan (GoS,) the government does not benefit from Shiekan because it is an Islamic insurance company that annually returns its profits to its policy holders. He further contends that Shiekan is the only insurancecomp!ny provilingcoverag vo humanatqran oswa.izAtiojs(in$Darur> aTje eOh,oping d!q,^|y!"7l `QQj_v$inuve