Edition: U.S. / Global

Assets of Haitians Frozen

Published: June 23, 1994

President Clinton ordered American financial institutions today to freeze assets of all Haitians still residing in Haiti, widening the economic sanctions once limited to military leaders.

Sealing off the bank accounts is part of Mr. Clinton's plan to force Haiti's military leaders to cede power and allow the return of the country's ousted President, the Rev. Jean-Bertrand Aristide.

The freeze, which forbids transfers, withdrawals and any other transactions, applies to all deposits in foreign and domestic branches of American banks.