US, UAE Sanction Financial Backers of Al-Qaeda Branch in Gulf States - Treasury
21:12 01.11.2016(updated 21:36 01.11.2016)
US Department of the Treasury said that United States and the United Arab Emirates have introduced sanctions against supporters of al-Qaeda in the Arabian Peninsula.
WASHINGTON (Sputnik) – The United States and the United Arab Emirates have introduced sanctions against supporters of al-Qaeda in the Arabian Peninsula (AQAP), the US Department of the Treasury said in a release Tuesday.
"Today's action reflects the strength of the US partnership with the United Arab Emirates to degrade AQAP's capabilities to execute violent attacks and to identify and disrupt its financial and support networks," Treasury Undersecretary for Terrorism and Financial Intelligence Adam Szubin stated in the release.
Washington and Abu Dhabi designated the Al Omgy and Brothers Money Exchange and its owners, Said Salih Abd-Rabbuh al-Omgy and Muhammed Salih Abd-Rabbuh al-Omgy, for sanctions.
"All property and interests in property of Al Omgy Exchange, and Said and Muhammed al-Omgy subject to US jurisdiction are blocked, and US persons are generally prohibited from engaging in transactions with them," the release explained.
Established in 2009, AQAP is a branch of the terror group al-Qaeda and is active in Saudi Arabia and Yemen. It is outlawed in many countries, including Russia and the United States.
© Sputnik
|
NEWSLETTER
|
| Join the GlobalSecurity.org mailing list |
|
|
|
