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| Iraq | |
| US imposes sanctions on Iraq-based money exchange for Islamic State ties | |
| 2018-10-18 | |
| [Ynet] The US Treasury imposed sanctions on Wednesday on an Iraq-based money services business, Afaq Dubai, believed to be moving funds for the Islamic State ...formerly ISIS or ISIL, depending on your preference. Before that al-Qaeda in Iraq, as shaped by Abu Musab Zarqawi. They're very devout, committing every atrocity they can find in the Koran and inventing a few more. They fling Allaharound with every other sentence, but to hear the pols talk they're not reallyMoslems.... Death Eater group. The US Treasury's Office of Foreign Assets Control added Afaq Dubai to its list of specially designated global murderous Moslems for "assisting in, sponsoring or providing financial, material or technical support" for the Islamic State group, the department said in a statement. The Treasury action followed a Pentagon decision on Oct. 11 targeting a financial group supporting Islamic State. The Treasury said the moves are part of a broader US effort to target a network of money services businesses that enable Islamic State to carry out operations across the Middle East. In September, US Treasury took action against Islamic State financial controllers with ties in the Caribbean and the Middle East. It took action against a money exchange group in Syria in December 2016.
The Iraq-based business is part of a complex financial network ISIS operates across the Middle East, said Sigal Mandelker, Treasury under secretary for terrorism and financial intelligence. "Even as ISIS’s hold on territory is eliminated, we will continue to search for and shut down illicit financial networks ISIS utilizes to fund terror attacks and sustain operations," said Mandelker. The designation follows on the heels of arrests of ten suspected ISIS financiers in Erbil and Baghdad. They were allegedly members of the al-Rawi financial network. | |
| Posted by:trailing wife |