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U.S. imposes sanctions on Syrian businessman with ties to Assad

The United States on Tuesday slapped sanctions on Syrian businessman Samer Foz and his family, who have close ties to President Bashar al-Assad and who Washington said has made millions by developing properties on land seized from those who have fled the Syrian war. The sanctions were being placed on… Read More

Bashar al-Assad’s uncle to face trial in France over property fraud: source

The uncle of Syrian President Bashar al-Assad will stand trial in France for allegedly acquiring millions of euros worth of French property assets using funds diverted from the Syrian state, a judicial source said on Wednesday. Rifaat al-Assad is a former military commander, widely held responsible for crushing an Islamist… Read More

Syria fuel shortages, worsened by US sanctions, spark anger

AP — Syrians in government-controlled areas who have survived eight years of war now face a new scourge: widespread fuel shortages that have brought life to a halt in major cities. Cars line up by the hundreds outside petrol stations, and long lines of people waiting to buy rationed cooking… Read More

20th February 2019

Teenager who joined IS group in Syria to lose UK citizenship

Shamima Begum, a teenager who left London when she was aged 15 to join Islamic State in Syria, has had her British citizenship revoked, according to a letter sent to her family published by ITV News on Tuesday. Begum, who gave birth to a son at the weekend, was discovered… Read More

17th January 2019

Terror financing: UK man claims Syria cash was for brother’s ‘medical advice’

A British man has been jailed for allegedly sending funds to his brother who travelled to Syria in order to help establish an Islamic state. Sheffield-based Abdurahman Kaabar admitted sending money to his brother but denied knowing or suspecting it might be used to fund terrorism. Instead, he claimed… Read More

9th January 2019

New documents link Huawei to suspected front companies in Iran, Syria

The U.S. case against the chief financial officer of China’s Huawei Technologies, who was arrested in Canada last month, centres on the company’s suspected ties to two obscure companies. One is a telecom equipment seller that operated in Tehran; the other is that firm’s owner, a holding company registered… Read More

27th November 2018

Terror financing: US woman defrauded banks, admits to laundering, bitcoin scheme

A 27-year-old woman is facing up to 20 years in jail over defrauding a number of financial institutions, and then laundering and transferring the proceeds to support blacklisted terror group the Islamic State of Iraq and al-Sham (ISIS). Authorities allege that American resident Zoobia Shahnaz engaged in a bank fraud… Read More

9th October 2018

JP Morgan fined $5 million over sanctions violation

The US Treasury’s Office of Foreign Assets Control (OFAC) has reached a $5,263,171 settlement with JPMorgan Chase Bank (JPMC) over violations pertaining to sanctions, covering Iran, the Cuban assets control rules and weapons of mass destruction proliferators. The transactions were net settlement payments, of which a ‘very small portion’… Read More

16th April 2018

US to hit Russia with new sanctions for aiding Syria’s Assad

AP — President Donald Trump on Sunday defended his use of the phrase “Mission Accomplished” to describe a U.S.-led missile attack on Syria’s chemical weapons program, even as his aides stressed continuing U.S. troop involvement and plans for new economic sanctions against Russia for enabling the government of… Read More

4th December 2017

UK foreign aid money ‘diverted to extremists’ in Syria

BBC The government has suspended a foreign aid project after a BBC Panorama investigation found taxpayers’ cash was being diverted to extremists in Syria. Officers from a UK-backed police force in Syria have also been working with courts carrying out brutal sentences. A UK government spokesman said it takes… Read More

1st November 2017

US terror attack: Trump stepping up extreme vetting

Hours after a truck driver mowed down eight cyclists, in what is being called the first deadly attack in New York since the 11 September, 2001 strikes, United States president Donald Trump said that he had ordered more robust “extreme vetting” of travellers coming into the country. “I have just… Read More

25th October 2017

Sanctions: US, Saudi Arabia target Yemen-based terror financing

The United States on Wednesday imposed sanctions on individuals and an entity which it said were linked to sponsoring terrorism in Iraq, Syria and Yemen. The US Treasury’s Office of Foreign Assets Control (OFAC) issued the designations targeting leaders, financiers and facilitators of the Islamic State and al-Qa’ida… Read More

29th September 2017

France: Mother is jailed for terror financing regarding son

Reuters – A French court on Thursday found a mother-of-three guilty of financing terrorism after she sent money abroad to her radicalised son who later travelled to fight in Syria, sentencing her to two years in jail. In a case which could set precedent in France, Nathalie Haddadi, 42, a… Read More

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