The United States Designates ISIS Financial Facilitators

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The United States Designates ISIS Financial Facilitators

Washington, DC (STL.News) Secretary of State Antony J. Blinken released the following statement:

Today, the United States is designating three individuals and one entity connected to the Islamic State of Iraq and Syria (ISIS) to coincide with the 14th meeting of the Counter ISIS Finance Group, which plays a key role coordinating the Global Coalition to Defeat ISIS’ efforts to disrupt the group’s generation and transfer of resources.

Despite our defeat of ISIS’ territorial “caliphate” in Iraq and Syria, ISIS remains active and maintains connections to the financial system.  In countries throughout the Middle East, ISIS has relied on key money services business operators, like those designated today, that allow ISIS to obfuscate its transactions.  The Global Coalition to Defeat ISIS will continue to target ISIS’ illicit financial activities to include its disbursement of millions of dollars in cash reserves across the region.

Alaa Khanfurah is being designated pursuant to Executive Order (E.O.) 13224, as amended, for having assisted in, sponsored, or provided financial, material, or technological support for, or financial or other services to or in support of ISIS. Khanfurah’s Turkey-based money service business transferred funds to ISIS members throughout Syria and sent thousands of dollars to an ISIS financial facilitator.

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Author: Maryam Shah