Treasury Department names business partners of sanctioned al-Qaeda financial facilitator and external operations plotter

The US Treasury Department’s Office of Foreign Assets Control (OFAC) has named two business partners in a sanctioned al-Qaeda financial intermediary and conspiracy for outside operations. The two persons designated today are Mohamad Irshad Mohamad Haris Nizar and Musab Turkmen, who conducted business activities in support of Ahmed Luqman Talib (Talib), previously designated by OFAC for facilitating the international movement of people and finance to further al-Qaeda’s goals. Australian authorities arrested Talib on March 25, 2021 and days later charged him with planning incursions into foreign states to engage in hostile activities.

“The Treasury Department is taking this action to further disrupt a transnational al-Qaeda financial facilitation and operational conspiracy network,” said Treasury Department Undersecretary for Terrorism and Financial Intelligence Brian E. Nelson. “The United States continues to work with our foreign partners to counter the operational and financial activities of al-Qaeda and its allies wherever they may be.”

These individuals are designated pursuant to Executive Order (EO) 13224, as amended, which targets terrorist groups and their supporters. OFAC, under EO 13224 as amended October 19, 2020, designated Talib for having materially assisted, sponsored, or provided financial, material, or technological support, or goods or services to, or in support of, Al-Qaeda. Talib conducted businesses around the world including Brazil, Colombia, Sri Lanka, Tanzania, Türkiye and the Gulf.

MOHAMAD IRSHAD MOHAMAD HARIS NIZAR

Mohamad Irshad Mohamad Haris Nizar (Nizar) is a Sri Lanka-based business partner of Talib. As of mid-2018, Talib and Nizar were joint representatives of the same company.

Nizar has been Talib’s business partner in Sri Lanka since at least late 2018. Their operations in Sri Lanka have generated nearly $200,000 a year in profit; Most of Talib’s income came from a third of this income. Nizar is also a relative of Talib.

Nizar is accounted for under EO 13224, as amended, for having materially assisted, sponsored, or provided financial, material or technological support or goods or services to or in support of Talib.

MUSAB TURKMEN

Musab Turkmen (Turkmen) is Talib’s Türkiye-based brother-in-law and business partner. At the end of 2018, Turkmens had land investments in Türkiye with Talib.

Turkmen is designated under EO 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support or goods or services to or in support of Talib.

EFFECTS OF SANCTIONS

As a result of this Action, all assets and property interest of the above individuals and any entity that they directly or indirectly own 50 percent or more, individually or together with other Blocked Individuals located in the United States or owned or controlled by US persons must be suspended and reported to OFAC. Unless authorized or otherwise exempted by a general or specific license issued by OFAC, the rules of OFAC generally prohibit all transactions by US persons or within the United States (including transactions transiting through the United States) involving ownership or interest in Concerning property that is designated or otherwise blocked from persons.

In addition, conducting certain transactions with the persons nominated today carries the risk of secondary sanctions under EO 13224 as amended. Pursuant to this authority, OFAC may prohibit or impose severe conditions on the opening or maintaining in the United States of a correspondent account or a direct deposit account of a foreign financial institution that knowingly conducted or facilitated a significant transaction on behalf of a Specially Designated Global Terrorist.

The power and integrity of OFAC sanctions stems not only from its ability to nominate and place individuals on the Specially Designated Nationals and Denied Persons (SDN) List, but also from its willingness to prosecute individuals in accordance with the law to be removed from the SDN list. The ultimate goal of sanctions is not punishment but to bring about positive behavior change. For information on the process for delisting from an OFAC list, including the SDN list, see OFAC’s Frequently Asked Question 897. For more information on OFAC’s administered sanctions programs, click here.

View identifying information about the people named today.

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