US sanctions 16 financiers of Al-Shabaab militants

Demonstrators attend a rally against the Al Shabaab militia group in Mogadishu on January 12, 2023. PHOTO | HASSAN ALI ELMI | AFP

What you need to know:

  • The targeted entities include Dubai-based fintech Haleel Commodities LLC with branches and subsidiaries in Kenya, Somalia, Uganda and Cyprus.
  • UAE-based Qemat Al Najah General Trading, which served "as an important money laundering node in the network", and a Kenyan bus company that supported Al-Shabaab's logistics were also slapped with sanctions.