The US sanctions a financial network from Yemen and Turkey for helping the Houthis

The US sanctions a financial network from Yemen and Turkey for helping the Houthis

Kyiv  •  UNN

December 29 2023, 02:45 AM • 38693 views

The United States has imposed sanctions on a network assisting the Yemeni Houthis, targeting individuals and entities in Yemen and Turkey linked to the Iranian IRGC.

The U.S. Department of the Treasury imposed sanctions on one person and three organizations for facilitating the flow of financial aid to the Yemeni Houthis. These are the head of the Association of of Currency Exchangers in Sana'a and three exchange offices in Yemen and Turkey. This was was reported by the US Treasury Department, UNN reports.

Details

It is noted that these individuals facilitated the transfer of millions of dollars to the Houthis on the instructions of the US listed Said al-Jamal, who is associated with the forces of the Islamic Revolutionary Guard Corps of Iran. Revolutionary Guard Corps of Iran.

Today's action underscores our determination to curtail the illicit flow of funds to the Houthis, who continue to launch dangerous attacks on international shipping and risk further destabilizing the region

Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson said.

The ongoing Houthi attacks on international shipping in the Red Sea and Gulf of Aden have severely restricted the the free flow of trade through the region and are a clear violation of international law. Since October, the Houthis have recklessly launched numerous missiles and unmanned aerial vehicles missiles and unmanned aerial vehicles at commercial vessels passing near the coastline of Yemen.

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