UK Makes First Listing Under Domestic Counter-Terrorism Sanctions List
The U.K.'s Office of Financial Sanctions Implementation added Nazem Ahmad to its counterterrorism (domestic) sanctions regime. Ahmad is suspected of financing listed terrorist group Hezbollah and is now subject to an asset freeze and travel ban. In a separate release,…
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OFSI said Ahmad was listed "as part of continued efforts to prevent terrorism in the interests of national security." OFSI said Ahmad's designation is the first use of the domestic counterterrorism sanctions regime. The U.S. also recently sanctioned a network of people and entities working for him to evade sanctions (see 2304180056.