US sanctions alleged conduits of Iranian funds to Yemen’s Houthis

2 years ago
 US sanctions alleged conduits of Iranian funds to Yemen’s Houthis

In its latest response to attacks on shipping by the Houthis, the United States on Thursday sanctioned an individual and three currency exchange houses that it accused of facilitating the flow of Iranian financial assistance to the Yemeni movement.

The exchange houses are based in Turkey and Yemen, the US Treasury said in a statement.

“Today’s action underscores our resolve to restrict the illicit flow of funds to the Houthis, who continue to conduct dangerous attacks on international shipping and risk further destabilizing the region,” Treasury Undersecretary Brian Nelson said in the statement.

State Department spokesman Matthew Miller said in a statement that “those designated today have facilitated the transfer of millions of dollars to the Houthis at the direction of US-designated Said al-Jamal.”

Al-Jamal is an Islamic Revolutionary Guard Corps-Quds Force-backed Houthi financial facilitator based in Iran, Miller said.

With Reuters


Yemen Mourns Former President Hadi with Widespread Condolences and Prayers
Previous
Yemen Mourns Former President Hadi with Widespread Condolences and Prayers
Next
Yemen Receives Hajj Arrangements Document for 2027 Season
Yemen Receives Hajj Arrangements Document for 2027 Season