The Somali National Anti-Money Laundering and Counter-Terrorism Financing Committee has issued a new list of sanctions targeting eight leaders of the militant group Al-Shabaab, which is affiliated with Al-Qaeda.
Among those sanctioned are Abu Bakr Ali Adam and Mahdi Abdul Rahman Warsame, both deputy leaders of the group.
The committee has urged the public to avoid any dealings with the individuals listed and to report any related transactions to the Somali Financial Reporting Center.
The committee’s primary goals are to prevent money laundering and the financing of terrorism, dry up the financial resources of terrorist groups, and mitigate the risks associated with terrorist activities.
Additionally, they focus on monitoring and targeting individuals and organizations that support terrorists.
Since the Somali Parliament passed the Specific Financial Sanctions Act of 2023, the National Anti-Money Laundering and Counter-Terrorism Financing Committee has issued two sanction lists targeting Al-Shabaab militants.
