The U.S. Treasury Department has imposed new
sanctions on two companies based in Hong Kong and the United Arab Emirates
accused of facilitating Iranian commodities shipments that help fund Houthi
group’s attacks on shipping.
The Treasury Department’s Office of Foreign Assets Control (OFAC) says
the commodities are shipped on behalf of the Houthi financial facilitator Sa’id
al-Jamal, who is backed by the Iran-based Islamic Revolutionary Guard
Corps-Qods Force (IRGC-QF).
Four vessels associated with these companies have been identified as
blocked property by the Treasury Department. The revenue generated from these
commodity sales is believed to support the Houthi rebel group in Yemen, which
has been launching attacks on international shipping routes in the Red Sea and
the Gulf of Aden
The sanctions follow an earlier round of sanctions announced on Dec. 28 against one individual and three entities for
helping the flow of Iranian financial assistance to Houthi forces. They also
follow the joint military strikes by the U.S. and United Kingdom against the
Houthis in Yemen.
“The United States continues to take action against the illicit Iranian
financial networks that fund the Houthis and facilitate their attacks,†said
Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian
E. Nelson. “Together with our allies and partners, we will take all available
measures to stop the destabilizing activities of the Houthis and their threats
to global commerce.â€
The sanctions were imposed under the
counterterrorism authority of Executive Order 13224.Sa’id al-Jamal, the Houthi and IRGC-QF financial
facilitator, is involved in various commercial activities selling Iranian
commodities to generate revenue for the Houthi network and the IRGC-QF.
The implicated vessels include the MEHLE, owned by Hong
Kong-based Cielo Maritime Ltd, and the SINCERE 02, operated by
UAE-based Global Tech Marine Services Inc.
Both vessels are accused of shipping Iranian commodities to support Sa’id
al-Jamal, using forged shipping documents to hide the Iranian origin of the
cargo.
The Treasury Department has designated Cielo Marine Ltd and Global Tech
Marine Services for providing material support to Sa’id al-Jamal. Both
companies’ vessels, named Molecule and Fortune Galaxy,
have been identified as blocked properties.