OFAC DESIGNATES TERROR OPERATIVES AND ILLICIT CHARCOAL SMUGGLERS IN SOMALIA

On 24 May, OFAC advised that it had designated 26 individuals and entities connected with the terrorist group al-Shabaab, including 15 financial facilitators and operatives, 4 charcoal smugglers, and 7 of their associated companies.  This action targets key regional leaders, affiliates, and members of the terrorist group in Somalia who are involved in a wide range of activities in support of al-Shabaab, including financial facilitation, business activities, collection of funds on behalf of the terrorist group, proliferation of Improvised Explosive Devices (IED), and illegal charcoal smuggling from Somalia, all of which have exacerbated local conflicts and suffering. 

https://ofac.treasury.gov/recent-actions/20230524

https://home.treasury.gov/news/press-releases/jy1499

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 )

Facebook photo

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

Connecting to %s

%d bloggers like this: