The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently announced new sanctions targeting individuals and entities linked to Hamas.
This move, part of a broader effort since the October 7th attacks on Israel, includes sanctions against Lebanon-based money exchange company Nabil Chouman & Co. The company is accused of funneling millions of dollars from Iran to Hamas in Gaza.
Nabil Khaled Halil Chouman, his son Khaled Chouman, and Reda Ali Khamis, another Lebanese money exchanger, are implicated in these transactions.
These sanctions align with actions by the UK and aim to safeguard the international financial system from exploitation by terrorist groups.