On 11th June, the US Treasury announced that it had designated 16 individuals and entities associated with an international network benefiting the Assad regime. These designations are said to serve to cut off critical supplies and financiers for the regime’s luxury reconstruction and investment efforts. It is said that Samer Foz, his relatives, and his business empire have leveraged the atrocities of the Syrian conflict into a profit-making enterprise, and that this Syrian oligarch is directly supporting the murderous Assad regime and building luxury developments on land stolen from those fleeing his brutality. Samer Foz is the Chairman and General Manager of Aman Holding, which was formerly known as the Aman Group. Aman Holding owns and controls over a dozen companies, all of which benefit Samer Foz personally, and serves as an umbrella for over a dozen different ventures, and in some of these companies, Samer Foz shares ownership and managerial duties with his siblings Amer Foz and Husen Foz.
At the same time, OFAC also designated 2 businesses for shipments of Iranian-origin petroleum to Syria: Synergy SAL (Offshore) and BS Company (Offshore).