Connect with us

Hi, what are you looking for?

World

US blacklists three in push against Islamic State finance

-

The US Treasury on Friday placed three men it said were part of the Islamic State's global financial network on its sanctions blacklist, as it seeks to shut down the flow of funds to the group.

The Treasury said Abdulpatta Escalon Abubakar of the Philippines, Yunus Emre Sakarya of Turkey, and Mohamed Mire Ali Yusuf of Somalia all provided financial, material or technological support for the Islamic State group.

Abubakar is alleged to have been instrumental in getting funds to the IS network in the Philippines in 2016 and 2017, handling transfers from IS outside the country. He also helped the group obtain weapons and explosives, the Treasury said.

Abubakar was arrested by Filipino authorities last September after he flew into Manila from Jeddah, Saudi Arabia.

The Treasury said Sakarya supplied IS with materials for drones from his Turkey-based company, Profesyoneller Elektronik. The company handled some $500,000 worth of orders for unmanned aerial vehicles and related equipment in 2016, it said.

Mire Ali livestock trading business Liibaan Trading "served as a front for ISIS-aligned groups in the Bari region of Somalia," the Treasury said.

The US Treasury on Friday placed three men it said were part of the Islamic State’s global financial network on its sanctions blacklist, as it seeks to shut down the flow of funds to the group.

The Treasury said Abdulpatta Escalon Abubakar of the Philippines, Yunus Emre Sakarya of Turkey, and Mohamed Mire Ali Yusuf of Somalia all provided financial, material or technological support for the Islamic State group.

Abubakar is alleged to have been instrumental in getting funds to the IS network in the Philippines in 2016 and 2017, handling transfers from IS outside the country. He also helped the group obtain weapons and explosives, the Treasury said.

Abubakar was arrested by Filipino authorities last September after he flew into Manila from Jeddah, Saudi Arabia.

The Treasury said Sakarya supplied IS with materials for drones from his Turkey-based company, Profesyoneller Elektronik. The company handled some $500,000 worth of orders for unmanned aerial vehicles and related equipment in 2016, it said.

Mire Ali livestock trading business Liibaan Trading “served as a front for ISIS-aligned groups in the Bari region of Somalia,” the Treasury said.

AFP
Written By

With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

You may also like:

World

An Iranian military truck carries a Sayad 4-B missile past a portrait of supreme leader Ayatollah Ali Khamenei during a military parade on April...

World

Tycoon Morris Chang received one of Taiwan's highest medals of honour to recognise his achievements as the founder of semiconductor giant TSMC - Copyright...

World

Iranians lift up a flag and the mock up of a missile during a celebration following Iran's missiles and drones attack on Israel, on...

Business

Meta founder and CEO Mark Zuckerberg contends freshly released Meta AI is the most intelligent digital assistant people can freely use - Copyright AFP...