From US announces new sanctions against Iran-backed network funneling money to Houthis
Add ToI as a Preferred Source on GoogleJacob Magid is The Times of Israel's US bureau chief
Shiite fighters, known as Houthis, wearing army uniforms escort the convoy of Ismail Weld al-Sheikh, new UN special envoy to Yemen, at the international airport in Sanaa, Yemen, Tuesday, May 12, 2015. (AP/Hani Mohammed)
The US Department of the Treasury announces new sanctions against an international financial network run by Iran’s Islamic Revolutionary Guards Corps that funneled tens of millions of dollars to Yemen’s Houthi rebels.
“Led by the U.S.-designated Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and Houthi financier Sa’id al-Jamal, this network has transferred tens of millions of dollars to Yemen via a complex international network of intermediaries in support of the Houthis’ attacks,” the Treasury statement says.
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