U.S. targets Iraqi airline, its CEO and Hamas cryptocurrency financiers for sanctions
The U.S. has hit Iraqi airline Fly Baghdad and its CEO with sanctions for allegedly providing assistance to Iran’s military wing — and in addition has imposed a fifth round of sanctions on the militant group Hamas for its abuse of cryptocurrency since the October 7 terrorist attack on Israel
WASHINGTON (AP) —
The U.S. on Monday hit Iraqi airline Fly Baghdad and its CEO with sanctions, alleging assistance to Iran's military wing — and in addition, imposed a fifth round of sanctions on the militant group Hamas for abuse of cryptocurrency since the October 7 terrorist attack on Israel.
The sanctions come as Israel's bombing campaign on the Gaza Strip continues — killing 25,000 Palestinians so far, according to the Gaza Strip Healthy Ministry— and Iranian-backed militias in Iraq launch regular strikes against bases housing U.S. forces in Iraq and Syria.
In the new sanctions announced Monday, Treasury said Fly Baghdad and its CEO Basheer Abdulkadhim Alwan al-Shabbani have provided assistance to Iran's military wing and its proxy groups in Iraq, Syria and Lebanon. A representative from the firm was not immediately available.
