USA imposes sanctions against Bank of Yemen for supporting Houthis
The Trump administration announced sanctions against the International Bank of Yemen Y.S.C. (IBY) on Thursday for its financial support of Houthi terrorists. Along with the bank, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning key leaders of IBY, like its Chairman of the Board of Directors Kamal Hussain Al […]
US sanctions Russia-based network for helping Yemen’s Houthis
The United States imposed sanctions on Russia-based people and entities working to help procure weapons and commodities — including stolen Ukrainian grain — for Yemen’s Iran-backed Houthis, the Treasury Department said. The operatives, who included Russia-based Afghan businessman Hushang Ghairat and his brother, Russia-based Afghan businessman Sohrab Ghairat, helped senior Houthi official Sa’id Al-Jamal, procure […]
US imposes sanctions on Yemen Kuwait Bank
USA imposed sanctions on Yemen Kuwait Bank for Trade and Investment for its alleged ties to the Houthi group. The Department of Treasury said in a statement that it is sanctioning the bank “for its financial support to Ansarallah, commonly known as the Houthis.” It said the Houthis -a US-designated terrorist organization- continue to attack […]