Trade exchange between Egypt, COMESA countries increases to $5.3bn in 2022: CAPMAS    Abdel Ghaffar highlights Egypt's government achievements in health sector during Africa Health ExCon    Narrative PR Summit 2023 to include international expert Ben Elliott    AI-generated academic science writing can be identified with over 99% accuracy    AI-generated academic science writing can be identified with over 99% accuracy    Egypt bans Dutch archaeologist from Saqqara over 'Afrocentric' exhibition, blackwashing    Egypt bans Dutch archaeologist from Saqqara over 'Afrocentric' exhibition, blackwashing    Gulf markets briefing 07/06/2023    Egypt's gold reserves hit $7.9 billion in May –    Saudi German Hospitals, Africa Health ExCon launch Caring Like Family Award    Does multimorbidity impact chronic disease treatment?    Egypt's Al-Sisi starts African tour to Angola, Zambia, and Mozambique    Egypt's Al-Sisi starts African tour to Angola, Zambia, and Mozambique    Jean Kaseya thanks Egypt for its concern for health sector in Africa    Mohammed Ashi first Gulf designer in French couture federation    Microsoft to pay $20 mln for violating children's privacy    President al-Sisi thanks participants in Africa Health ExCon's success    Spotify to lay off 200 podcast division employees    Apple announces new Vision Pro headset    Al-Sisi participates in African meeting on mediation in Russian-Ukrainian crisis    Which archaeological sites and museums in Egypt apply cashless ticketing system?    Amsterdam's Vermeer exhibition closes its doors    Hany Shenouda to perform classic hits 16 June    Across the Spider-Verse earns $120.5 mln debut    Egypt bids to host Africa Cup of Nations 2027    GERD, Sudan, and Libya crises top Al-Sisi and Mauritanian counterpart talks    GERD, Sudan, and Libya crises top Al-Sisi and Mauritanian counterpart talks    1 Egyptian security personnel, 3 Israeli soldiers were killed in border shooting    Egyptian couple wins at Manchester Open Squash 2023    Italian Open must offer women equal pay – says Jabeur    President Al-Sisi receives credentials of 13 new ambassadors to Egypt    President Al-Sisi receives credentials of 13 new ambassadors to Egypt    President Al-Sisi receives credentials of 13 new ambassadors to Egypt    Celebrity earnings through Instagram in 2022    Maha Ghanem first female university head in Upper Egypt    Egypt's Dalia Mahmoud acts as 1st women prosecutor at court    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

US sanctions businessman buying oil from 'Islamic State', Al-Assad supporters
Published in Daily News Egypt on 26 - 11 - 2015

The US has slapped sanctions on a number of individuals accused of supporting Syria's government. The blacklisted names include a "middleman" who buys oil from "Islamic State" and the head of the World Chess Federation.
The United States Treasury Department announced Wednesday it had sanctioned four individuals and six businesses, including a Russian bank, for backing Syrian President Bashar Al-Assad.
Adam Szubin, acting under secretary for terrorism and financial intelligence, said the Syrian government had been responsible for "widespread brutality and violence," during nearly five years of civil war.
"The United States will continue targeting the finances of all those enabling Assad to continue inflicting violence on the Syrian people," he said in a statement.
The sanctions freeze any US assets, and forbid Americans from doing business with those targeted.
‘Wealthiest terror group'
Among the flagged individuals was George Haswani, a Syrian businessman described as a "middleman" facilitating oil purchases by the Syrian regime from the "Islamic State" (IS) terror group. His engineering and construction company, which allegedly operates in areas seized by IS, was also on the list. The European Union had already sanctioned Haswani in March.
US officials say "IS" is the wealthiest terror group of its kind. Most of the militants' funds come from lucrative oil fields they seized from the Syrian government. Last year, a US Treasury official said Al-Assad's government had started buying oil from the terrorist group, which now controls significant territory in both Syria and Iraq.
Russian targets
Other US sanctions targets included Russian Financial Alliance Bank, Primax Business Consultants Limited, and Belize-based Kremsont Commercial Inc.
Mudalal Khuri was another name on the list. The Treasury said he assisted the Syrian government and represents Assad's interests in Russia. Kirsan Ilyumzhinov, a Russian businessman and longtime president of the World Chess Federation, was also sanctioned for helping the Syrian government.
Ilyumzhinov on Wednesday denied the allegations, telling Interfax news agency he had "never had any kind of commercial interests in Syria or Iran".
‘Geo-political games'
Responding to the sanctions, Russian Deputy Foreign Minister Sergei Ryabokov accused Washington of playing "geo-political games", RIA news agency reported.
Russia and Iran remain the main backers of Al-Assad, while the United States, its Gulf Arab allies and Turkey have called for his swift removal.
More than 250,000 people have died in Syria's civil war, which involves government forces battling opposition rebels and jihadist groups, including "IS".
Moscow began carrying out airstrikes in Syria in September to help troops loyal to Assad fight what it calls "terrorists". But the US, which is leading a separate bombing campaign against IS, says that Moscow is mainly targeting more moderate groups fighting Al-Assad.
The downing of a Russian jet over Syria by NATO member Turkey on Tuesday sparked fury on Russia's side, adding to tensions and potentially complicating international efforts to battle IS militants in the region.

Clic here to read the story from its source.