Terrorist groups, networks, and airline sanctioned

The Department of the Treasury on Monday announced that OFAC had designated Iraqi airline Fly Baghdad and its CEO for providing assistance to the Islamic Revolutionary Guard Corps–Qods Force (IRGC-QF) and its proxy groups in Iraq, Syria, and Lebanon. OFAC also designated three leaders and supporters of one of the IRGC-QF’s main Iran-aligned militias in Iraq, Kata’ib Hizballah (KH), as well as a business that moves and launders funds for KH.

Treasury also announced that OFAC has imposed a fifth round of sanctions on Hamas since the October 7 terrorist attack on Israel. Monday’s action targets networks of Hamas-affiliated financial exchanges in Gaza, their owners, and associates, and particularly financial facilitators that have played key roles in funds transfers, including cryptocurrency transfers, from the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) to Hamas and Palestinian Islamic Jihad (PIJ) in Gaza. Concurrent with OFAC’s designations, the United Kingdom and Australia are also placing sanctions on key Hamas officials and facilitators.

For the names and identification information of individuals, entities, and aircraft targeted in these OFAC actions, see the January 22, 2024, BankersOnline OFAC Update.