OFAC TARGETS HAMAS WITH NEW SANCTIONS DESIGNATIONS

OFAC has listed 4 people said to be key financial facilitators for Hamas as Specially Designated Global Terrorists on its list of Specially Designated Nationals.  It has also designated a company owned by one of the 4, and 5 other people, 3 of whom are linked to Hamas and 1 to Hizballah.

The new listings are:

Hamas

  1. Salih al-Aruri – A member of Hamas’ political bureau said to fund and direct military operations against Israel in the West Bank
  2. Mahir Salah – Said to be a major Hamas financier based in Saudi Arabia, with dual UK and Jordanian citizenship, who has overseen the transfer of tens of millions of dollars from Iran to Saudi Arabia to fund Hamas activity and managed several front companies for the purposes of money laundering
  3. Abu-Ubaydah Al-Agha – A senior Hamas financial officer said to have managed an organisation that sought contributions from the Palestinian diaspora and used his businesses to transfer millions of dollars to Hamas in the Gaza Strip
  4. Mohammed Awad – Said to have been involved in the transfer of tens of millions of dollars to Hamas and its military wing in Gaza
  5. Muhammed Deif
  6. Rawhi Mushtaha
  7. Yahya Sinwar

  1. Asyaf Holding Group – Managed by Abu Al-Agha

Hizballah

  1. Samir Kuntar

Other

  1. Abu Al Anabi
This entry was posted in Terrorist Sanctions, USA by Michael O'Kane. Bookmark the permalink.

About Michael O'Kane

Michael O’Kane is a partner and Head of the Business Crime team at leading UK firm Peters & Peters. Described as ‘first-rate’ (Legal 500 2012), he “draws glowing praise from commentators” (Chambers 2013) for handling the international aspects of business crime, including sanctions, extradition and mutual legal assistance. Called to the Bar in 1992 and prior to joining Peters & Peters he was a senior specialist prosecutor at the Crown Prosecution Service Headquarters(CPS). At CPS HQ he was a key member of a small specialist unit responsible for the prosecution of serious and high profile fraud, terrorist and special interest criminal matters including the Stansted Airport Afghan hijacking and the prosecution of Paul Burrell (Princess Diana’s butler). Michael joined Peters & Peters in 2002. He became a partner in May 2004, and Head of the Business Crime team in May 2009. Since joining Peters & Peters, Michael has dealt with a wide range of business crime matters. He has particular expertise in international sanctions, criminal cartels, extradition, corruption, mutual legal assistance, and FSA investigations. Described as“ an influential practitioner in fraud and regulatory work, so much so that he is top of the referral lists of many City firms for independent advice for directors” (The Lawyer’s Hot 100 2009), he was recognised as one of the UK’s most innovative lawyers in the 2011 FT Innovative Lawyer Awards and included in the list of the UK's leading lawyers in 'The International Who's Who of Asset Recovery 2012. In 2012 he was the winner of the Global Competition Review Article of the Year. Michael regularly appears on television and radio to discuss his specialist areas and he is the author of the leading textbook on the UK Criminal Cartel Offence “The Law of Criminal Cartels-Practice and Procedure” (Oxford University Press 2009). Recent/Current Sanctions Work • Representing 109 individuals and 12 companies subject to designation by the European Council under targeted measures imposed against Zimbabwe. This is the largest and most complex collective challenge to a sanctions listing ever brought before the European Court. • Acting for a former Egyptian Minister and his UK resident wife, challenging their designation by the European Council of Ministers under targeted measures brought against former members of the Egyptian Government. • Advising a company accused in a UN investigation report to have breached UN sanctions imposed in relation to Somalia. • Advising a UK company in relation to ongoing commercial relationships with an Iranian company listed under both EU and UN sanctions. • Advising an individual in relation to a UK investigation for alleging breaching nuclear export controls.

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