Tag Archives: U.S. Department of Treasury

America Sanctions the Iran-Russia Axis for Support to Assad and Terrorism

By Kyle Orton (@KyleWOrton) on 20 November 2018

Visual representation of the Alchwiki Network (source: U.S. Treasury)

The United States Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned ten targets today, targeting an “international network through which the Iranian regime, working with Russian companies, provides millions of barrels of oil to” Bashar al-Assad’s regime in Syria, and “[t]he Assad regime, in turn, facilitates the movement of hundreds of millions of U.S. dollars (USD) to the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF),” the expeditionary wing of Tehran’s spy-terrorist apparatus, “for onward transfer to HAMAS and Hizballah.” Continue reading

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