OFAC: NEW SANCTIONS LISTINGS AS US TREASURY TARGETS COVERT HAMAS INVESTMENT NETWORK AND FINANCE OFFICIAL

On 24 May, OFAC designated a Hamas finance official as well as an expansive network of 3 Hamas financial facilitators and 6 companies that have generated revenue for the terrorist group through the management of an international investment portfolio.  It is said that Hamas’s Investment Office, whose leadership oversees this network, held assets estimated to be worth more than $500 million, including companies operating in Sudan, Turkey, Saudi Arabia, Algeria, and the UAE. 

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20220524

https://home.treasury.gov/news/press-releases/jy0798

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at

https://www.buymeacoffee.com/KoIvM842y

NOTE THAT THE ABOVE LINK IS NOW CORRECTED AND WORKS!

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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: