US blacklists companies, people for supporting IS

Mnuchin says move is a follow-up tactic on jihadists following death of its leader Abu Bakr al-Baghdadi. (AFP pic)

WASHINGTON: The United States on Monday imposed sanctions on four companies and two people operating in Syria, Turkey, the Gulf and Europe for providing financial and logistical support to Islamic State.

The targets were blacklisted under an executive order that imposes sanctions on terrorists and those who have provided assistance or support for terrorists, the US Treasury Department said.

Turkey-based Sahloul Money Exchange Company, Al-Sultan Money Transfer Company and ACL Ithalat Ihracat were targeted for providing financial and logistical support to Islamic State, as were Turkish nationals Ismail Bayaltun and his brother Ahmet Bayaltun.

The Afghanistan-based Nejaat Social Welfare Organization and two of its senior officials, Sayed Habib Ahmad Khan and Rohullah Wakil, was also targeted for supporting activities of the Islamic State branch in Afghanistan.

In a statement, US Treasury Secretary Steven Mnuchin characterised the move as a follow-up pressure tactic on the jihadi group after a US special forces operations killed Islamic State leader Abu Bakr al-Baghdadi.

“Following the highly successful operation against al-Baghdadi, the Trump administration is resolved to completely destroy IS’ remaining network of terror cells,” Treasury Secretary Steven Mnuchin said.

The sanctions freeze any US assets held by those targeted and prohibit Americans from doing business with them.