The purpose of these measures is to prevent the terrorist group from transferring funds to members of the leadership and its agents.
The US Treasury Department has announced sanctions against three people and one company that officials say played key roles in the terrorist organization’s illegal financial network.
One of the sanctioned individuals, Alaa Hanfuru, is accused of using his Turkish financial services company to transfer thousands of dollars to Islamic State agents in Syria. Representatives of the US Treasury Department also said that in 2017 and 2019, Hanfuru facilitated the transfer of money between members of the group’s top leadership.
The Turkish company Al-Fay, which provides money services, and two brothers, Idris Al – Fay and Ibrahim Al-Fay, also fell under the new sanctions.