BR100 Decreased By (-0.01%)
BR30 Increased By (0.5%)
KSE100 Increased By (0.34%)
KSE30 Increased By (0.44%)
AGHA 6.40 Increased By ▲ 0.08 (1.27%)
BECO 4.37 Increased By ▲ 0.10 (2.34%)
BML 62.65 Increased By ▲ 0.20 (0.32%)
BOP 31.41 Increased By ▲ 0.18 (0.58%)
CNERGY 11.67 Increased By ▲ 0.08 (0.69%)
CSIL 5.85 Increased By ▲ 0.13 (2.27%)
FCCL 60.80 Decreased By ▼ -0.74 (-1.2%)
FFL 14.75 Decreased By ▼ -0.27 (-1.8%)
FNEL 1.21 Decreased By ▼ -0.02 (-1.63%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.95 Increased By ▲ 0.39 (7.01%)
LOTCHEM 24.70 Increased By ▲ 0.02 (0.08%)
MLCF 103.50 Decreased By ▼ -0.58 (-0.56%)
NBP 173.16 Decreased By ▼ -2.12 (-1.21%)
NCPL 52.10 Decreased By ▼ -0.67 (-1.27%)
NPL 54.02 Decreased By ▼ -0.10 (-0.18%)
OGDC 316.40 Increased By ▲ 3.01 (0.96%)
PACE 9.20 No Change ▼ 0.00 (0%)
PAEL 35.70 Decreased By ▼ -0.10 (-0.28%)
PIBTL 13.60 Increased By ▲ 0.13 (0.97%)
PPL 226.51 Increased By ▲ 4.70 (2.12%)
PRL 80.30 Increased By ▲ 1.22 (1.54%)
PTC 46.70 Decreased By ▼ -0.15 (-0.32%)
SSGC 23.80 Decreased By ▼ -0.07 (-0.29%)
TBL 9.23 Decreased By ▼ -0.08 (-0.86%)
TELE 7.45 Increased By ▲ 0.06 (0.81%)
TPL 24.55 Decreased By ▼ -0.56 (-2.23%)
TPLP 12.85 Increased By ▲ 0.34 (2.72%)
TREET 26.15 Decreased By ▼ -0.10 (-0.38%)
TRG 53.25 Decreased By ▼ -0.19 (-0.36%)
By

WASHINGTON: The United States on Wednesday slapped sanctions on Syria’s central bank chief and 16 other people or institutions, part of a bid to prevent the war-ravaged country from normalizing under President Bashar al-Assad.

The United States ordered the freezing of any US assets of the central bank governor, Hazem Karfoul, and the other Syrians, with any financial transactions with them now punishable in the United States.

The US Treasury Department, which is widely targeting anyone affiliated with Assad, did not allege specific crimes by Karfoul but pointed to reports he tried to shake down businesses to contribute to state coffers.

“Those who continue to stand with the brutal regime of Bashar al-Assad further enable its corruption and human rights abuses,” Treasury Secretary Steven Mnuchin said in a statement.

Secretary of State Mike Pompeo said that sanctions against Syrian figures “will not cease until the Assad regime and its enablers take irreversible steps to end their campaign of violence against the Syrian people.”

Among others designated by the Treasury Department are businessman Khodr Taher bin Ali and Husam Muhammad Louka, head of the General Intelligence Directorate, one of the country’s spy agencies.

Taher was accused of being a key supplier for the army’s Fourth Division including through the creation of a private security firm that has become the unit’s “informal executive arm.”

The Treasury Department said Taher also set up a telecommunications provider, Emma Tel LLC, in an apparent bid to counter Rami Makhlouf, a tycoon who has fallen out with his cousin Assad.

The State Department separately said it was designating three people or units over deadly air strikes three years ago in the town of Armanaz, in Idlib province near the Turkish border.

At least 34 Syrians died in the attack, according to the State Department’s toll, as Russia backed Syria in operations against jihadists.

Assad has won back most of Syria after a brutal nine-year war that has claimed more than 380,000 lives and displaced millions.

Under the Caesar Act, a law that took effect in June, the United States is hoping to prevent any reconstruction effort or normalization of trade without accountability over atrocities under Assad.

Comments

Comments are closed for this article.