General

US imposes Sanctions on Yemeni Money Exchange for Helping Al-Qaida Terrorist Group

Author : NewsGram Desk

November 2, 2016: The United States on Tuesday imposed sanctions on a Yemeni money exchange and the two brothers who own it for doing business with the al-Qaida in the Arabian Peninsula terrorist group.

U.S. assets belonging to the al-Omgy and Brothers Money Exchange are frozen, and Americans are now barred from doing business with it.

NewsGram brings to you current foreign news from all over the world.

The al-Omgy exchange and its owners "are responsible for financially facilitating and supporting AQAP in its violent attacks," said Adam Szubin, the U.S. Treasury's top terrorism official. "Treasury will continue to work with our allies to protect the international financial system by exposing and taking action against AQAP supporters."

NewsGram brings to you top news around the world today.

FILE – Nasr al-Ansi, a leader of the Yemeni branch of al-Qaida in the Arabian Peninsula, is shown on televisions at a shop, delivering a message in which AQAP claims responsibility for the attack on the French magazine Charlie Hebdo, in Sana'a, Yemen, Jan. 14, 2015. VOA

Treasury said the exchange holds al-Qaida accounts, including money the terrorists extorted from Yemeni businesses.

Check out NewsGram for latest international news updates.

It also said the brothers who operate the money exchange, Said Salih and Muhammad Salih Abd-Rabbuh al-Omgy, have been involved in recruiting fighters and smuggling weapons for AQAP.

The United Arab Emirates recently imposed similar sanctions against the al-Omgy brothers and their business. (VOA)

Subscribe to our channels on YouTube and WhatsApp

Download our app on Play Store

Value his many insights: EAM Jaishankar on meeting French President Macron

BGB personnel deployed across Bangladesh fuel stations to prevent 'illegal' stockpiling

Oli's arrest should not be viewed as retaliation, says ex-Nepal Minister Chaulagain

India refutes Elon Musk's presence in PM Modi-Trump call on West Asia

Efforts underway to transform Cambodian island into carbon-neutral area