Regulatory intelligence for US exporters

OFAC Issues More Hamas-Related Sanctions

The Office of Foreign Assets Control last week announced its second round of Hamas-related sanctions after the terror group’s killings in Israel earlier this month, designating more Hamas-linked officials and financial networks. The agency sanctioned people helping Hamas evade sanctions, their companies and other entities with ties to the group.

Start A Trial

Among those sanctioned were Hamas member Khaled Qaddoumi; Islamic Revolutionary Guard Corps-Qods Force officials Ali Morshed Shirazi, Mostafa Mohammad Khani and Ali Ahmad Faizullahi; and the Gaza-based Al-Ansar Charity Association and its director Nasser Al Sheikh Ali. OFAC also designated Sudan-based Zawaya Group for Development and Investment Co. LTD, Spain-based company Zawaya Group for Development Investment Sociedad Limitada and Sudan-based Larrycom for Investment Co., which all have ties to Sudan-based Hamas financier Abdelbasit Hamza Elhassan Mohamed Khair. OFAC also sanctioned Turkey-based Alaeddin Senguler, Gulsah Yigidoglu and Arwa Mangoush, the three primary shareholders of Turkey-based Trend GYO, a previously sanctioned company that OFAC said is part of Hamas’ “investment portfolio.”