US Targets Al-Shabaab Fundraisers, Money Launderers with Sanctions
The US Department of the Treasury on Monday imposed sanctions on what it said was an international fundraising and money-laundering network for the Al-Shabaab militant group operating in Somalia. The sanctions targeted 16 entities and individuals across the Horn of Africa region, the United Arab Emirates and Cyprus, the Treasury said in a statement. The action, which follows US sanctions against a separate network linked to al Shabaab in October 2022, freeze any US assets of those targeted and generally bars Americans from dealing with them.