US slaps sanctions on alleged new Daesh financiers

A sign marks the US Treasury Department in Washington, U.S., August 6, 2018. (Reuters)
Updated 15 April 2019
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US slaps sanctions on alleged new Daesh financiers

WASHINGTON: The United States on Monday imposed sanctions on financiers with bases in Belgium, Kenya and Turkey on charges they funneled money internationally for the Daesh extremist group.
The Treasury Department said it had pinpointed successors to Fawaz Muhammad Jubayr Al-Rawi, who was killed in a US-led coalition air strike in Syria in 2017 after allegedly sending millions of dollars earmarked for the jihadists.
The United States imposed sanctions on seven people including Mushtaq Talib Zughayr Al-Rawi, who as of late 2018 was living with his family in Belgium, according to the Treasury Department.
Forces seized evidence during a raid on the Daesh group last year that showed Mushtaq was helping fund them by exploiting the Iraqi government’s electronic payment machines designed to distribute payments to public employees and retirees, the Treasury Department said.
“Treasury is dedicated to ensuring the enduring defeat of Daesh by cutting off all remaining sources of their terror funding around the globe,” said Sigal Mandelker, the department’s under secretary for terrorism and financial intelligence.
Rawi’s network dates from the 1990s in Iraq, when it used the region’s hawala system, the informal network of money transfers conducted through face-to-face guarantees, to evade biting international sanctions on the country then ruled by Saddam Hussein.
The Treasury Department also sanctioned a money exchange company, Al-Ard Al-Jadidah, said to connect Iraq’s hawalas with the northern Turkish city of Samsun.
An Daesh member in Iraq allegedly received $1 million through the exchange last year, it said.
Also targeted in the latest sanctions was Kenya-based Halima Adan Ali, who the Treasury Department said was part of a network that moved more than $150,000 through the hawala system to Daesh fighters in Syria, Libya and central Africa.
She has been arrested twice by Kenyan authorities and also served as a recruiter for Somalia’s Al-Shabab militants, according to the Treasury Department.
With the announcement, the United States will seize any assets it finds which belong to the sanctioned individuals and bar any Americans from financial dealings with them.


Former Pakistani PM Abbasi arrested by anti-graft agency

Updated 18 July 2019
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Former Pakistani PM Abbasi arrested by anti-graft agency

  • Shahid Khaqan Abbasi was arrested in a case over a liquefied natural gas terminal project
  • Arrest adds to a political scene already thick with accusations of corruption and abuse of office
LAHORE, Pakistan: Pakistan’s anti-corruption agency arrested former Prime Minister Shahid Khaqan Abbasi on Thursday, drawing a furious response from opposition parties, which accused the government of trying to silence its opponents.
The National Accountability Bureau said in a statement Abbasi had been arrested in a case that was opened last year over a liquefied natural gas (LNG) terminal project.
The arrest, as Abbasi was on his way to a news conference in the eastern city of Lahore, adds to a political scene already thick with accusations of corruption and abuse of office with opposition parties planning a day of protest next week.
“I believe today is yet another black day in Pakistan’s history,” Ahsan Iqbal, a senior parliamentarian from Abbasi’s Pakistan Muslim League-Nawaz (PML-N) party, told reporters, accusing Prime Minister Imran Khan of trying to suppress opposition.
“We are not afraid of your fascist acts. Don’t think that you will gag our voices through such arrests,” he said.
Bilawal Bhutto Zardari, the head of the Pakistan People’s Party (PPP), the other main opposition party, condemned Abbasi’s arrest which he said was part of a government “witchhunt” against elected representatives.
The PML-N was already engaged in a bitter standoff with Khan’s government, which came to power last year accusing Abbasi and his predecessor, Nawaz Sharif, of large-scale corruption and mismanagement of the economy.
Sharif was disqualified by the Supreme Court in 2017 over accusations that eventually led to a seven-year jail sentence for receiving undeclared income. Abbasi took over as premier and served for less than a year before losing an election to Khan’s Pakistan Tehreek-e-Insaf (PTI) party in 2018.
The PML-N accuses the government of being behind Sharif’s arrest and last week produced video footage that it said showed the judge who heard the case confessing that he had been blackmailed to ensure a conviction.
The judge denied the accusation but was sacked from his position with the Accountability Court.
The government has rejected opposition accusations of using the National Accountability Bureau, an independent body, to suppress its critics and opponents.
It says corruption by past governments is the main reason for an economic crisis that has forced Pakistan to seek a $6 billion loan package from the International Monetary Fund, its 13th IMF bailout since the 1980s.
Last year, the NAB ordered an inquiry against Abbasi, Sharif and others “for granting a 15-year contract of LNG terminal to a company of their liking in violation of rules and by misuse of their powers, which caused national exchequer a loss of billions of rupees.”