U.S. Treasury Imposes Sanctions on 3 Sudanese Entities
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The United States announced new sanctions today, Wednesday, targeting Sudanese institutions that it claims are financing the ongoing war in Sudan.
The U.S. Department of the Treasury explained in a statement that the Office of Foreign Assets Control (OFAC), a branch of the U.S. Department of the Treasury, imposed sanctions today on three entities for their roles in undermining peace, security, and stability in Sudan. These entities are the Gulf Bank Limited (Gulf), the Luxury Advanced Business Limited, affiliated with the Rapid Support Forces, and the Zadna International Development Limited (Zadna), affiliated with the Sudanese Armed Forces.
The statement clarified that the decision was made under a U.S. executive order allowing sanctions on individuals who destabilize Sudans stability and undermine the countrys democratic transition.
The Treasury added that the sanctions signify the "continued commitment of the United States to identify and isolate sources of funding for both the Sudanese Armed Forces and the Rapid Support Forces, the two main warring parties responsible for the conflict in Sudan."
The sanctions include a prohibition on providing contributions, funds, goods, or services by, to, or for the benefit of any designated individuals, or receiving any contributions, funds, goods, or services from any of these entities.
This decision is the latest in a series of previous sanctions targeting Sudanese entities and individuals, including the recent designation by the U.S. Department of State of Ahmed Mohamed Haroun, the former Sudanese Interior Minister in Omar al-Bashirs government, under the Rewards for Justice program for individuals accused of committing war crimes, announced the day before yesterday.
Since the beginning of the war, the United States has imposed sanctions on the Deputy Head of the Rapid Support Forces and other major Sudanese companies owned by both sides, as well as other companies.
Last week, the European Council also imposed sanctions on six Sudanese entities, including three affiliated with the armed forces and three with the Rapid Support Forces, alleging their involvement in the conflict that has been ongoing since April.
Brian E. Nelson, the Deputy Assistant Secretary for Terrorism and Financial Intelligence at the U.S. Department of the Treasury, stated, "The conflict in Sudan persists in part due to key individuals and entities that aid in financing the continuation of violence." He added that the Treasury will "continue to coordinate with our allies and partners to target these networks and disrupt these crucial funding sources."
