US-designated man pleads guilty to evading sanctions via money laundering

Lebanese businessman Kassim Tajideen, who was designated in 2009 as a Specially Designated Global Terrorist (SDGT) under Executive Order 13224 (asset freeze) for being an “important financial contributor to Hizballah”, has pleaded guilty in the DC District Court to conspiracy to launder money to evade the US sanctions imposed on him. The US Department of Justice Press Release states that Mr Tajideen, after his sanctions designation, had “conspired with at least five other persons to conduct over $50 million in transactions with U.S. businesses that violated [sanctions against him]. In addition, [Mr] Tajideen and his co-conspirators knowingly engaged in transactions outside of the [US], which involved transmissions of as much as $1 billion through the [US] financial system from places outside the [US].” Sentencing is scheduled for 18 January 2019.

TerrorismTerrorism United StatesUnited States

About Maya Lester QC

Maya Lester QC

Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. The legal directories say she is the...

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