OFAC announces sanctions on six entities located in Liberia, India, Vietnam, Lebanon, and Kuwait
2024-03-27 09:11:45
The Office of Foreign Assets Control (OFAC) of the US Treasury Department has announced sanctions against six entities located in Liberia, India, Vietnam, Lebanon, and Kuwait. According to the announcement, sanctioned entities are suspected of promoting the transportation of goods and financial transactions, including providing cryptocurrency to the Islamic Revolutionary Guard's Holy City Forces (IRGC-QF), the Hussein armed forces, and Hezbollah. This includes Tawfiq Muhammad Sa'id al Law, a Syrian currency exchange located in Lebanon.
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