posted by Christopher W. Holton The U.S. has designated a large web of front companies and entities which are part of Iran’s jihad operations in Iraq, where U.S. troops have been under attack by jihadi groups armed and funded by Iran. According to the U.S. Treasury Department, the sanctions are aimed at “Iraq-based front companies, […]
posted by Christopher W. Holton The US Treasury Department must publish a report listing the financial assets of Iran’s leaders, under a bill that passed the US House of Representatives this week. The bill, which passed by a vote of 289-135, must still pass the US Senate before President Trump can decide whether or not […]
The Islamic State has garnered as much as $1.5 billion in revenue by looting banks and illicit oil proceeds, according to a Treasury Department spokesperson. “Our most recent estimates that we can provide publicly are between $500 million and $1 billion in seized bank assets, based on 2014 data,” the official said. “Earlier this year, (the Islamic State) made […]
In what can only be described as a stunning development, the Kingdom of Saudi Arabia has joined the US Treasury Department in placing sanctions on an Islamic charity that has provided material support to the Jihadist terrorist organization, Lashkar e Taiba. Readers may recall that Lashkar e Taiba was responsible for the 2008 Mumbai terrorist […]
Somalis still pushing for easing of bankwire restrictions
Somalis living in the Twin Cities are begging Minnesota’s elected officials to help find a way to safely wire money back to families living in the Horn of Africa after a California bank abruptly ceased wiring cash to the troubled country over the weekend. The decision by Merchants Bank to stop that part of its […]
1/16/2015 Action Targets Long-Time Members of D Company and a Paper Mill Controlled by One of the Designated Individuals WASHINGTON – The U.S. Department of the Treasury today announced the designation of two Indian nationals and one entity in Pakistan as Specially Designated Narcotics Traffickers pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act) due […]
The Islamic State is well funded for a terrorist group, a Treasury official said this week, but it lacks the financial strength to fulfill its ambition of becoming a nation. Perhaps the Islamic State doesn’t need so much money to run the type of government they have in mind… http://www.washingtonexaminer.com/article/2556136
Kyle Shideler makes an excellent point with the article linked below: Shariah is not an a la carte menu from which you can pick and choose what you want based on what you like and dislike. As we noted here on SFW, on the very day that the Sultan of Brunei’s order to impose shariah went into effect, […]
The sanctions regime against Iran over its nuclear program and sponsorship of Jihadist terrorism is unfortunately unravelling at an alarming pace. Part and parcel to that process is a disturbing development in which the Supreme Court in the United Kingdom ruled on the side of Bank Mellat in its suit against the British government. Bank […]
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