OFAC designates members of al-Qa'ida affiliate based in Brazil

On December 22, 2021, the US Department of the Treasury’s Office of Foreign Assets Control designated three individuals who are members of an al-Qa’ida-affiliate based in Brazil as well as two entities that they own or control.  The designated persons are accused of purchasing foreign currency, printing counterfeit currency, or operating furniture businesses to support the al-Qa'ida-affiliated group.  OFAC issued the sanctions pursuant to the US counterterrorism authority EO 13224, as amended, for providing material, financial or technological support for al-Qa’ida or one of its members.

As a result of these designations, all property and interests in property of today’s designees within the United States or within the possession or control of a U.S. person are blocked, and U.S. persons are generally prohibited from engaging in transactions involving the designated persons.   In addition, any foreign financial institution that knowingly facilitates a significant transaction for a sanctioned person could have its access to the US financial system severed.

Department of Treasury Press Release

 
You are currently offline.