A report to the UN Secretary General will be drawn up by Maria Angela Holguin Queillar in the near future, as she announced shortly…
The US Treasury Department announced sanctions on a transnational network that includes entities and individuals from the Horn of Africa, the United Arab Emirates, and Cyprus for facilitating the financing of the terrorist organization Al-Shabaab.
According to the statement, the transnational network facilitated the financing of the terrorist organization through money laundering. In addition, it is underlined that the threat posed by Al-Shabaab is not limited geographically to Somalia, as it maintains economic ties with Al-Qaeda as well.
Al-Shabaab’s revenues are disbursed to other al-Qaeda-linked groups around the world and help finance al-Qaeda’s global ambitions to commit terrorist acts and undermine good governance, it said.
These sanctions reflect the United States’ counterterrorism priorities in Somalia and support the dynamic relationship that has been established with the Somali government to address the terrorist threats that endanger the people of Somalia. Finally, it is noted that the United States remains focused on cutting off al-Qaeda’s access to the international financial system.
Sanctions on entities and persons operating in Cyprus
Dubai-based Haleel Commodities LLC, also known as Haleel Group, is a leading financial mediator for Al-Shabaab, which relies on the leaders of the Haleel Group as well as its branches and subsidiaries in Somalia, Kenya, Uganda, and Cyprus to generate and launder funds. Haleel Group subsidiaries in Cyprus include Haleel Finance LTD, Haleel Holdings, and Haleel LTD.
Farhan Hussein Hayder (Hayder) runs and manages the branches of Haleel Group in Kenya, Uganda, Cyprus, and the UAE and supports Al-Shabaab by generating funds for the group through these businesses.
Also read: China | Sanctions on 5 US industries over arms sales to Taiwan
READ MORE
Skopje | President calls her country “Macedonia” – Greek ambassador leaves
The President of Skopje, Gordana Silianovska, during the swearing-in ceremony referred to the country as “Macedonia”…
European Investment Bank | Support for the security and defence industry
The Board of Directors of the European Investment Bank (EIB) approved an updated definition of dual-use goods and infrastructure eligible…
X-GUARD RT™ | The new towed decoy from RAFAEL
RAFAEL has recently announced the launch of the X-Guard RT, the latest addition to its X-Guard family of reusable towed EW decoys for air…
EDF 2023 | Companies – Members of HASDIG actively participate in European research programs
Confirming the timeless strategy for extroversion and cooperation with foreign companies in the areas of research and development of new…
BAE Systems | Development of next-generation airborne decoy countermeasure
BAE Systems has been selected by the US Navy to develop airborne Dual Band Decoy (DBD). According to the company…
SEKPY | The challenges of the domestic defence industry at DEFEA Conference 2024
The evolving geopolitical landscape and the complex challenges in the security sector, as well as the dynamics of the domestic defence…
DEFEA CONFERENCE 2024 | The greatest Defence Conference in Greece has been successfully concluded – Photos
The greatest International Defence Conference “DEFEA Conference 2024” has been concluded today with absolute success…
EU | 556 firefighters from 12 countries on the frontline across Europe
More than 500 firefighters from 12 countries will be on the frontline in key locations in Europe including Greece, France and…