Tag Archives: OFAC

America Sanctions the Syrian Regime for Funding the Islamic State—Again

By Kyle Orton (@KyleWOrton) on 7 September 2018

The U.S. Treasury Department sanctioned four individuals and five entities connected to the Syrian regime of Bashar al-Asad on 6 September 2018. The most interesting was Muhammad al-Katerji, who has been involved in trade with the Islamic State (IS). A relative of his, Hussam al-Katerji, has previously been revealed as funding the jihadists on behalf of the regime, and the U.S. has previously sanctioned another Kremlin-linked Asad regime oligarch, George Haswani, for financing IS. “The United States will continue to target those who facilitate transactions with the murderous Asad regime and support ISIS”, said U.S. Treasury Secretary Steven Mnuchin. Continue reading

America Reveals How Iran Funds Instability in Yemen

By Kyle Orton (@KyleWOrton) on 23 November 2017

The Office of Foreign Assets Control (OFAC) in the U.S. Department of Treasury, on 20 November, sanctioned “a network of individuals and entities involved in a large-scale scheme to help Iran’s Islamic Revolutionary Guard Corps-Quds Force (IRGC-QF) counterfeit currency to support its destabilizing activities” in Yemen. Continue reading

American Sanctions Hit Islamic State’s Finances, Propaganda, and Terrorism

By Kyle Orton (@KyleWOrton) on 16 June 2017

Usama Atar, older picture and most recent (picture via CNN)

Just three days after the U.S. government sanctioned two Islamic State (IS or ISIS) operatives for their role in helping the jihadists develop chemical weapons of mass destruction, another raft of sanctions were issued on 15 June against four IS members occupying varying positions within the organization from finance to propaganda to orchestrating the foreign attacks. Continue reading

America Sanctions Operatives of the Islamic State’s Chemical Weapons Department

By Kyle Orton (@KyleWOrton) on 13 June 2017

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced financial sanctions against an individual involved in the “development” of chemical weapons of mass destruction (CWMD) for the Islamic State (IS) on 12 June. Simultaneously, the State Department labelled another individual involved in the development of CWMD for IS as a Specially Designated Global Terrorist (SDGT). These are the first sanctions of their kind. Continue reading