Financial Crime World

Here is the rewritten article in markdown format:

US Sanctions Network Linked to ISIS Operations in Mozambique and Beyond

In a move aimed at disrupting the financial networks of the Islamic State of Iraq and Syria (ISIS), the United States has imposed sanctions on three individuals linked to the terrorist group’s activities across Central, Eastern, and Southern Africa.

Sanctioned Individuals

The sanctions target:

  • Abubakar Swalleh, accused of facilitating ISIS operations in Mozambique, Somalia, South Africa, and other countries
  • Zayd Gangat, a South African-based facilitator and trainer involved in robbery, extortion, and kidnap for ransom operations on behalf of ISIS leaders in South Africa
  • Hamidah Nabagala, who is accused of funding the 2021 Kampala bombing and seeking to smuggle her children to join ISIS camps in the DRC

Accusations Against Sanctioned Individuals

According to officials:

  • Swalleh has been involved in financing, recruitment, and training for ISIS affiliates, as well as transferring funds and resources to support terrorist activities
  • Nabagala is accused of funding the 2021 Kampala bombing and seeking to smuggle her children to join ISIS camps in the DRC
  • Gangat has been involved in robbery, extortion, and kidnap for ransom operations on behalf of ISIS leaders in South Africa

Sanctions Imposed

The sanctions were announced at a meeting of the Counter ISIS Finance Group (CIFG), a working group of over 80 countries and international organizations dedicated to combating ISIS financing worldwide.

The sanctions impose strict restrictions on any transactions with these individuals, including:

  • Prohibitions on dealing with their assets or interests in property within the United States or by US persons
  • Certain OFAC prohibitions for non-US persons, who may face penalties for violating these sanctions

Significance of the Move

This action underscores the importance of effective information sharing among Coalition countries to target ISIS’s facilitation networks.

“This action underscores the importance of effective information sharing among Coalition countries to target ISIS’s facilitation networks,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson.

The move is seen as a key step in disrupting ISIS’s ability to finance its activities and undermining regional security and stability in Eastern, Central, and Southern Africa.