The Department of the Treasury has issued new sanctions against foreign-based agents of North Korea, officially the Democratic People’s Republic of Korea. According to the Treasury’s Office of Foreign Assets Control, Green Pine is responsible for about half of the North’s arms and related materiel exports. Green Pine is controlled by the DPRK’s Reconnaissance General Bureau. It...
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US Sanctions Iraqi Airline Over Alleged Ties to Militia Groups
The United States has sanctioned the Iraqi airline Fly Baghdad and its CEO Basheer Abdulkadhim Alwan al-Shabbani over its ties to the Islamic Revolutionary Guard Corps – Qods Force. According to a press release from the Department of the Treasury, the airliner has supported the IRGC-QF and proxy groups across the Middle East for years. ...
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US Names Hezbollah, Qods Force Financiers in Lebanon, Turkey
The U.S. Department of the Treasury has blocked the assets and stateside transactions of three companies and an individual based in Lebanon and Turkey for their association with Iranian and Hezbollah-affiliated terror groups. The entities generate funds from selling Iranian commodities, including sales to the Syrian government. Their revenues provide key opportunities for “hundreds of...
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US Hands Sanctions to New Entities Supporting Russia’s War Campaign
The U.S. Department of the Treasury has imposed sanctions against third-country actors identified to be materially supporting Russia’s war campaign in Ukraine. According to the Treasury’s Office of Foreign Assets Control, the action implements the Group of Seven’s decision to take down the Kremlin’s military procurement networks, including individuals and entities that are helping secure...