Some of them relate to the UAE.. America imposes broad sanctions on Houthi financing networks – urgent
Today, Friday, the administration of US President Donald Trump issued new sanctions targeting the Houthis.
The Office of Foreign Assets Control of the US Department of the Treasury said in a statement that the measure targets 21 individuals and entities in addition to one ship.
The most prominent thing in the new package of sanctions is Janat Al Anhar General Trading LLC, which is considered one of the most sensitive financial links in the Houthis’ foreign network.
The company is registered in the Emirates, but — According to informed sources who spoke to Al-Masdar Online – it practically acts as a clearing house for black market transfers linked to the Houthis, through which funds used by merchants linked to the group to buy smuggled goods, spare parts, equipment, and even arms-related shipments coming from China and other countries are filtered.
It connects "Paradise of rivers" A network of merchants in Sanaa with external financial channels in the Emirates and abroad, allowing the Houthis to manage parallel financial flows outside the official banking system and away from supervision.
US Treasury Secretary Scott Besent said in the statement "The Houthis threaten the United States by committing acts of terrorism and attacking commercial ships crossing the Red Sea"
The ministry added that this step comes as a continuation of previous measures taken by the US Treasury Department to pressure the Houthis regarding… "Their vast revenue generation and smuggling networks, which enable the group to maintain its ability to carry out destabilizing regional activities"including attacks in the Red Sea.
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