US slaps sanctions on Islamic State network in Turkey
The US Treasury Department designated four individuals and two entities accused of enabling the terrorist group’s recruitment and financial transfers.
WASHINGTON — The US Treasury Department on Thursday designated what it described as a Turkey-based financial network of the Islamic State (IS) that moved funds to and from Syria and Iraq.
In a joint action with Turkey, the Treasury's Office of Foreign Assets Control (OFAC) imposed sanctions on four individuals and two entities accused of enabling the terrorist group’s recruitment and financial transfers. According to OFAC, the network “played a key role in money management, transfer, and distribution” for IS.
