(11-03-2024) MOGADISHU (Halqabsi News) – The US Treasury announced sanctions against 16 entities and individuals linked to Al-Shabaab‘s financing operations, impacting figures across the Horn of Africa, the UAE, and Cyprus. The move, part of efforts to dismantle terror financing, targets those involved in raising and laundering funds for the terrorist group, according to Under Secretary Brian E. Nelson.
Significant figures sanctioned include Kenya’s Faysal Yusuf Dini and Mohamed Jumale Ali Awale, Finland’s Hassan Abdirahman Mahamed, and the UAE’s Mohamed Artan Robel. Dubai-based Haleel Commodities L.L.C. and its subsidiaries across several countries are also designated.
The sanctions result in the freezing of US-held assets of the named individuals and entities and prohibit transactions with US persons. Additionally, foreign financial institutions risk secondary sanctions for facilitating transactions for the designated parties.
Halqabsi News
