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Tag: asset freeze

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US Sanctions Money Laundering Network Supporting Somali Militant Group al-Shabab

The United States has sanctioned a network of individuals and entities that raise and launder money for Somalia-based al-Shabaab. According to the Department of the Treasury’s Office of Foreign Assets Control, the al-Qaida affiliate is a militant group responsible for attacks in East Africa that have killed thousands of innocent civilians. The sanction targeted eight...