President al-Alimi Praises Role of Dhalea People in Deterring Imamate Agenda, Defending Republican System
His Excellency President Dr. Rashad Mohammed al-Alimi, the Chairman of the Presidential Leadership Council, met Saturday with a number of local authority leaders and military, security, political, and social figures from Dhalea Governorate, in the presence of the Prime Minister, Dr. Shaya Zindani.
German Chancellor Says Europe Must Stand Strong
German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.
S. Korea's exports rise 33.9 percent in January
South Korea's exports jumped 33.9 percent year-on-year to reach $65.85 billion in January, driven by strong demand for semiconductors.
Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh
Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.
User Name: Password:
The US Department of the Treasury Sanctions Network Financing IRGC-QF , Houthis in Yemen
[10/06/2021 09:01]


WASHINGTON - SABA
The US Department of the Treasury announced today that the Treasury's Office of Foreign Assets Control (OFAC) is designating members of a smuggling network that helps fund Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and the Houthis in Yemen.

The Department reveal that the network" Led by Iran-based Houthi financier Sa’id al-Jamal, this network generates tens of millions of dollars in revenue from the sale of commodities, like Iranian petroleum, a significant portion of which is then directed through a complex network of intermediaries and exchange houses in multiple countries to the Houthis in Yemen".

The Director of the OFAC Andrea M. Gacki said "This network’s financial support enables the Houthis’ deplorable attacks threatening civilian and critical infrastructure in Yemen and Saudi Arabia.

He added "These attacks undermine efforts to bring the conflict to an end and, most tragically, starve tens of millions of innocent civilians. Ending the suffering of millions of Yemenis is of paramount concern to the United States, and we will continue to hold accountable those responsible for widespread misery and deny them access to the global financial system.”
The Treasury's statement went on saying" Sa’id al-Jamal, an Iran-based Houthi financial supporter, directs a network of front companies and vessels that smuggle Iranian fuel, petroleum products, and other commodities to customers throughout the Middle East, Africa, and Asia. A significant portion of the revenue generated from these sales is directed through a complex international network of intermediaries and exchange houses to the Houthis in Yemen".

The statement added " Sa’id al-Jamal is being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, the IRGC-QF.

The statement cited the names of Hani ‘Abd-al-Majid Muhammad As’ad, a Turkey-based Yemeni accountant affiliated with the Houthis, Jami’ ‘Ali Muhammad, a Somali businessman and Houthi and IRGC-QF associate, has assisted Sa’id al-Jamal’s efforts to procure vessels, facilitate shipments of Iranian fuel, and transfer funds for the benefit of the Houthis, Turkey-based Syrian national Talib ‘Ali Husayn Al-Ahmad al-Rawi and Greece-based Syrian national Abdul Jalil Mallah have facilitated transactions worth millions of dollars to Swaid and Sons, a Yemen-based exchange house associated with the Houthis and Sa’id al-Jamal has used Swaid and Sons to send millions of dollars to IRGC-QF officials deployed in Yemen.

The US Secretary of State Antony Blinken said "It is time for the Huthis to accept a ceasefire and for all parties to resume political talks," Blinken said in a statement, adding "The United States will continue to apply pressure to the Huthis, including through targeted sanctions, to advance those goals".


President al-Alimi Praises Role of Dhalea People in Deterring Imamate Agenda, Defending Republican System
Republican Decree on Government Formation, Naming its Members Issued
Saudi Prigram Launches Education Stability Enhancement Initiative in Socotra
Al-Eryani Calls on United Nations to Protect Staff After Contract Terminations in Sana'a
Child injured by Houthi sniper's bullets southeast of Taiz
Speaker of Shura Council, French Ambassador discuss peace efforts in Yemen
Ambassador Faqira discusses with Jordanian official strengthening parliamentary cooperation
Aden Governor praises EU support for development projects
Yemeni Ambassador Discusses Developments in Yemen with Austrian Official
Yemen Participates in 57th Session of Arab Human Rights Committee

About Saba News Agency | Usage Agreement | Contact Us