U.S. Imposes Sanctions on al-Shabaab's International Money Laundering Network

The sanctions target 16 individuals and entities, aiming to disrupt the terrorist group's financial operations and support the Somali government's campaign against al-Shabaab.

• The Biden administration announced sanctions against an international network involved in money laundering and facilitating operations for the al-Shabaab terrorist organization.
• The sanctions target eight individuals and eight entities, including the Dubai-based Haleel Group and its subsidiaries, as well as Kenya-based Crown Bus Services.
• The U.S. Treasury states that al-Shabaab generates over $100 million annually through extortion and its financial support network, extending its threat beyond Somalia.
• These sanctions are part of a broader effort to support the Somali government's campaign against al-Shabaab and disrupt al-Qaida's access to the international financial system.
• Previous sanctions were imposed in October 2022, targeting a network of financial facilitators with leadership roles in al-Shabaab.

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