Saudi Arabia, US blacklist targets in Turkey and Syria for financing ISIS

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Saudi Arabia added six entities, including money transfer businesses, to an ISIS funding blacklist, state news agency SPA reported on Wednesday.

SPA said the list was established in consultation with the United States and Gulf neighbors.

The US Treasurey Department said in its statement that the Terrorist Financing Targeting Center (TFTC) blacklisted three entities and an individual in Turkey and Syria.

The Treasury accused money services businesses, which include al Haram Exchange, Tawasul Company, and al-Khalidi Exchange, of having “played a vital role in transferring funds to support Syria-based ISIS fighters and … provided hundreds of thousands of dollars of liquidity to ISIS leadership.”

Abd-al-Rahman ‘Ali Husayn al-Ahmad al-Rawi, selected by ISIS in 2017 to serve as a senior financial facilitator, was also blacklisted, the Treasury said, accusing him of being one of a few that have provided ISIS “significant financial facilitation” into and out of Syria.

The TFTC also blacklisted Afghanistan-based Nejaat Social Welfare Organization and its director, Sayed Habib Ahmad Khan, accusing the organization of being used as a cover company to support the activities of the Afghan affiliate of ISIS, known as ISIS Khorasan (ISIS-K).

“The TFTC has brought the US and its Gulf partners closer together to confront shared regional threats and build the lasting capacity to target terrorist financial networks wherever they operate,” Treasury Secretary Steven Mnuchin said in a statement.

 

Reuters

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