OFAC Sanctions Houthi Financing Network
The Office of Foreign Assets Control designated people and entities involved in a smuggling network that funds Iran’s Islamic Revolutionary Guard Corps-Qods Force and the Houthis in Yemen, OFAC said June 10. The agency sanctioned seven people, four entities and one vessel, including Iran-based Houthi financier Sa’id al-Jamal. The network helps generate tens of millions of dollars from the sale of petroleum and other commodities, OFAC said.
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Others sanctioned include Turkey-based Houthi-affiliate Abdi Nasir Ali Mahamud, Indian national Manoj Sabharwal and Turkey-based Yemeni accountant Hani ’Abd-al-Majid Muhammad As’ad. The designated entities are United Arab Emirates-based companies Adoon General Trading FZE and Adoon General Trading LLC, Turkey-based Adoon General Trading Gida Sanayi Ve Ticaret Anonim Sirketi, and Yemen-based Swaid and Sons. OFAC also sanctioned the Gabon-flagged vessel Triple Success.
The U.S. also updated and removed certain entries under its Syria sanctions regime.