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The U.S. Treasury Department lifted sanctions Thursday on over 300 individuals and companies linked to a now-defunct Colombian drug trafficking organization known for investing in legitimate businesses and reportedly captive banks. In the largest delisting of its kind, the department's Office of Foreign Assets Control (OFAC) removed 230 companies and 78 individuals, including 28 relatives of the Cali Cartel's former leaders, from the U.S. list of Specially Designated Nationals. Under a related plea agreement, cartel members must turn over any assets derived from narcotics sales to the Colombian government. OFAC initially designated the entities for their purported ties to Miguel...