ADDITIONAL STEPS IN SUPPORT OF THE DELVALLE GOVERNMENT OF PANAMA

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP90M00005R000600040008-9
• Release Decision: RIFPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: December 27, 2016
• Document Release Date: April 2, 2013
• Sequence Number: 8
• Publication Date: April 8, 1988
• Content Type: MEMO

Declassified and Approved For Release 2013/04/02 CIA-RDP901\7160-075k156600040008-9
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April 8, 1988
MEMOSAMDuM FOR THE SECRETARY OF STATE
THE SECRETARY OF THE TREASURY
THE SECRETARY OT DEPZNSE
THE ATTORNEY GENERAL
THE UIREcToR, OFFICE OF MANAGEMENT AND MIDGET
THE DIRECTOR or CENTRAL INTELLIGENCE
THE CHAIRMAN, JOIST CHIEFS OF STAFF
SUSJECT: Additional Steps in Support of the Delvalle
Government of Panama (8)
00 a /iv byl
The President has directed that the following steps be taken in
support of the Delvalle Government of Panama. These are in
addition to, and supersede as necessary, his directives contained
in my memoranda of March 15 and March 29. (8)
1. The Secretary of the Treasury is to prepare immediately
the necessery documents for the President to invoke the Interna-
tional Emergency Economic Powers Act to: (a) block Government of
Panama assets in the U.S.: (b) escrow payments by all persons in.
the U.S. to the Noriega regime, and (c) escrow payments, other
than interbank clearing payments, by all U.S. persons in Panama,
including branches and subsidiaries, to the Noriega regime. (C)
2. Consistent with the requirements of the International
Emergency Economic Powers Act, the Secretaries of State and the
Treasury are to consult immediately with Congress on the action
the President proposes to take and to report on the results of
these consultations. (C)
3. rne Secretary of the Treasury, with the assistance of
the Director of Central Intelligence, shall closely monitor the
movement of significant amounts of cash, directly or indirectly,
from persons in the U.S. to branches, subsidiaries or other
persons in Panama. Is shall also recommend measures to halt such
movements if necessary to prevent further payments to the Norisga
regime. (C)
FOR TEl PRESIDENT:
colin L. Powell
:
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Pnr Release 2013/04/02 CIA-RDP90M00005R000600040008-9
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