General NewsHamasIranWorld News U.S. Intensifies Measures to Thwart Hamas Funding by Lucas Garcia October 27, 2023 written by Lucas Garcia October 27, 2023 6 comments Bookmark 43 LONDON (AP) — On Friday, the United States augmented its campaign to disrupt financial resources for Hamas, declaring a subsequent set of sanctions targeted at individuals and entities associated with the organization, following its orchestrated attack on Israel resulting in over 1,400 casualties. The U.S. Treasury Department’s Office of Foreign Assets Control emphasized Iran’s contribution in delivering financial, logistical, and operational backing to Hamas in its official statement. The newly imposed sanctions encompass a Hamas envoy based in Iran as well as affiliates of Iran’s Islamic Revolutionary Guard Corps. As the sanctions were disclosed, Deputy Treasury Secretary Wally Adeyemo visited London to consolidate support from the United Kingdom, a significant ally of the United States, in the collective endeavor to curtail funding to Hamas, an entity identified as a terrorist organization by both nations. “Today’s measures reinforce the U.S. resolve in disassembling the financial channels of Hamas through the exertion of our counterterrorism sanctions capabilities and international collaborations to obstruct Hamas’s access to the global financial network,” stated Adeyemo. Among the individuals designated are Khaled Qaddoumi, identified as a go-between for Hamas and the Iranian government; along with Ali Morshed Shirazi and Mostafa Mohammad Khani, who are part of the Islamic Revolutionary Guard Corps’ Qods Force and are implicated in providing training and support to Hamas combatants. The U.S. also targeted multiple organizations, including the Iranian Bonyad Shahid, also recognized as the Martyrs Foundation. According to U.S. officials, this organization, having affiliations with Palestinian Islamic Jihad, channels millions of dollars to the families of militants via the Gaza-based Al-Ansar Charity Association, thereby serving as an incentive for further extremist activities. The newly enacted sanctions effectively immobilize any assets located within the United States that are owned or operated by the named individuals and entities. Additionally, the measures preclude financial transactions and ban the allocation of monetary resources, goods, or services to those identified. Table of Contents Frequently Asked Questions (FAQs) about U.S. Sanctions on Hamas FundingWhat was the primary objective of the United States in expanding sanctions against Hamas?Who announced these new sanctions and where?What role does Iran play in supporting Hamas according to the U.S.?Who are some of the individuals specifically targeted by these new sanctions?What organizations are affected by these sanctions?What are the consequences of these sanctions for the targeted individuals and organizations?How do these sanctions align with international efforts to counter terrorism?What is the U.S.’s long-term goal in imposing these sanctions?More about U.S. Sanctions on Hamas Funding Frequently Asked Questions (FAQs) about U.S. Sanctions on Hamas Funding What was the primary objective of the United States in expanding sanctions against Hamas? The primary objective of the United States in imposing a second round of sanctions against Hamas is to disrupt and ultimately dismantle the financial networks that support the organization, which both the U.S. and the U.K. classify as a terrorist entity. Who announced these new sanctions and where? The U.S. Treasury Department’s Office of Foreign Assets Control announced these sanctions. Deputy Treasury Secretary Wally Adeyemo was in London at the time, meeting with U.K. officials to garner support for these measures. What role does Iran play in supporting Hamas according to the U.S.? According to the U.S. Treasury Department, Iran plays a significant role in supporting Hamas by providing financial, logistical, and operational backing. The sanctions target, among others, a Hamas representative in Iran and members of Iran’s Islamic Revolutionary Guard Corps. Who are some of the individuals specifically targeted by these new sanctions? Among the targeted individuals are Khaled Qaddoumi, who is identified as a liaison between Hamas and the Iranian government; and Ali Morshed Shirazi and Mostafa Mohammad Khani, who are officials in the Islamic Revolutionary Guard Corps’ Qods Force and are accused of training and assisting Hamas fighters. What organizations are affected by these sanctions? The sanctions also target organizations like the Iranian Bonyad Shahid, also known as the Martyrs Foundation. This organization is affiliated with Palestinian Islamic Jihad and is accused of channeling millions of dollars to the families of militants via the Gaza-based Al-Ansar Charity Association. What are the consequences of these sanctions for the targeted individuals and organizations? The sanctions freeze any U.S.-based assets owned or controlled by the named individuals and organizations. They also block any financial transactions with those designated and prohibit the contribution of funds, goods, and services to them. How do these sanctions align with international efforts to counter terrorism? These sanctions represent the United States’ commitment to work in concert with its global partners, such as the United Kingdom, to impede terrorist organizations like Hamas from exploiting the international financial system. The measures aim to reinforce international counterterrorism efforts. What is the U.S.’s long-term goal in imposing these sanctions? The long-term goal of the United States in imposing these sanctions is to significantly curtail or completely cut off the financial streams that enable Hamas to operate, thereby reducing its capability to carry out terrorist activities. More about U.S. Sanctions on Hamas Funding U.S. Treasury Department Official Statement Office of Foreign Assets Control Overview U.K. Stance on Hamas as a Terrorist Organization Details on Iran’s Support to Hamas Islamic Revolutionary Guard Corps Information Martyrs Foundation and its Affiliation with Palestinian Islamic Jihad U.S. and U.K. Counterterrorism Efforts Overview of U.S. Sanctions Policy on Terrorist Organizations You Might Be Interested In Republican Steve Scalise is seen as a fighter, but becoming House speaker might require a brawl Biden Travels to Michigan to Join UAW Strike, Affirming His Pro-Union Credentials Recalled pillows linked to 10 infant deaths still being sold on Facebook Marketplace, US agency says Vehicle Collides with Stationed SUV in President Biden’s Convoy Near Delaware Campaign Base 9 people shot and wounded in D.C., including 2 juveniles, as violence continues to mar July Fourth Sweden moves closer to NATO membership after a deal with the Turkish president CounterterrorismExtremist ActivitiesFinancial SanctionsGeneral NewsGlobal Financial NetworkHamasIranIslamic Revolutionary Guard CorpsOffice of Foreign Assets ControlU.S. Treasury DepartmentUnited Kingdom Share 0 FacebookTwitterPinterestEmail Lucas Garcia Following Author Lucas Garcia, a seasoned business reporter, brings you the latest updates and trends in finance and economics. With a keen eye for market analysis and a knack for spotting investment prospects, he keeps investors informed and ahead of the curve. previous post Live Updates: Israel’s Army Intensifies Ground Operations in Gaza next post Intensification of Israeli Military Actions in Gaza Leads to Communication Breakdown You may also like Bookmark A woman who burned Wyoming’s only full-service abortion... December 28, 2023 Bookmark Argument over Christmas gifts turns deadly as 14-year-old... December 28, 2023 Bookmark Danny Masterson sent to state prison to serve... December 28, 2023 Bookmark Hong Kong man jailed for 6 years after... December 28, 2023 Bookmark AP concludes at least hundreds died in floods... December 28, 2023 Bookmark Live updates | Israeli forces raid a West... December 28, 2023 6 comments John D. October 27, 2023 - 9:43 pm Wow, so the US is really doubling down on Hamas. Kinda makes you wonder what’s gonna happen next in the Middle East. Reply TimothyQ October 28, 2023 - 2:47 am Sanctions are a tricky tool, effective but can backfire. Let’s see how this pans out. Reply AlexP October 28, 2023 - 4:30 am those names mentioned in the sanctions, are they big fish or just the tip of the iceberg? would love to know more. Reply Emily Thompson October 28, 2023 - 4:44 am Cutting off the funds is a good step but what about addressing the root causes? just a thought. Reply Sara Williams October 28, 2023 - 10:26 am So Iran is deeply involved, huh? That’s gonna have ripple effects. Way more complicated than it seems on the surface. Reply Mike_R October 28, 2023 - 2:14 pm interesting how the Deputy Treasury Secretary went to London for this. Shows how closely tied the US and UK are on these issues. Reply Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ
