OFAC sanctions Syrian regime’s financial facilitators & oil procurement network

OFAC has sanctioned 4 individuals and 5 entities, pursuant to Executive Order 13582, for “facilitat[ing] financial transactions and shipments of fuel and weapons to the Syrian regime” (asset freezes imposed). See OFAC Notice and Treasury press release.

The individuals are: Yasir ‘Abbas; Adnan Al-Ali; Muhammad Al-Qatirji; and Fadi Nabih Nasser. The entities are: Abar Petroleum Service SAL; Al-Qatirji Company; International Pipeline Construction FZE; Nasco Polymers & Chemicals Co SAL (Off-Shore); and Sonex Investments Ltd.

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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