OFAC ADDS 1 NAME TO TERRORISM SANCTIONS LIST AND AMENDS 1 ENTRY ON VENEZUELA LIST

On 7th September, OFAC announced that Waleed Ahmed ZEIN, a Kenyan, has been added to OFAC sanctions lists.  Waleed Ahmed Zein is described as a terrorist in East Africa who established an intricate worldwide financial network to facilitate funds transfers for the Islamic State of Iraq and Syria (ISIS).  Zein has served as an important ISIS financial facilitator in East Africa in recent years.  He established an intricate ISIS financial facilitation network spanning Europe, the Middle East, the Americas and Eastern Africa.

Meanwhile, the entry for Rafael Alfredo SARRIA DIAZ, subject to sanctions in connection to Venezuela, has been amended.

https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20180907.aspx

https://home.treasury.gov/news/press-releases/sm476

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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