Yemen's (P.T.O.C) Platform Welcomes U.S. Sanctions on Houthi Leaders and Exchange Companies Involved in Money Laundering and Trafficking Arms
The Platform for Tracking Organized Crime and Money Laundering in Yemen (P.T.O.C) welcomes the U.S. the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned a dozen individuals and Houthi entities, exchange companies for their roles in trafficking arms, laundering money, and shipping illicit Iranian petroleum for the benefit of the Houthis.
The (P.T.O.C) also welcomes the U.S. sanctions on the following Houthi leaders and exchange companies:
Hashem Ismail Ali Ahmad al-Madani (al-Madani), governor of the Houthi-aligned central bank in Sana’a, Yemen, serves as a key figure in the Houthi movement;
- Ahmed Muhammad Muhammad Hasan al-Hadi (al-Hadi) is a senior Houthi financial official who coordinates and facilitates the movement of Houthi funds on the group’s behalf.
- Mohammed Ali Al-Thour Exchange Company;
- Khalid Al-Hazmi and his associated company, Al-Hazmi Exchange Company;
- Yemen-based Wail Muhammad Said Abd-al-Wadud is a Houthi logistics official who has been involved in facilitating Houthi smuggling operations;
- Davos Exchange and Financial Transfers Company;
- Umar Ahmad Umar Ahmad Hajj (Umar) is a Houthi logistics official who, alongside Al-Wadud, has facilitated Houthi smuggling activities through Somalia;
- Safwan Al-Dubai Company of Shipping and Trade (Safwan Al-Dubai), is a Yemen-based shipping and logistics company that Houthi procurement officials have used to import dual-use items and other weapons components into Yemen;
- In addition to Saeed Al-Jamal's extensive companies and networks.
The (P.T.O.C) has previously published reports with documented evidence and documents revealing the funding of the Houthis by various exchange companies. These reports included many names of companies and entities funding the Houthi group.
The platform welcomes this significant step within the framework of international efforts aimed at combating organized crime and money laundering, which directly contribute to prolonging the war and increasing the suffering of the Yemeni people.
As the platform calls on the international community to take further steps, including imposing strict sanctions on more leaders of the Houthi group involved in organized crime and money laundering, which contribute to funding the war and fueling the conflict in the country.
These sanctions represent an important step towards enhancing security and stability in Yemen, and achieving justice for the victims of the war and criminal practices carried out by the Houthi group.
Therefore, the platform reaffirms its full commitment to continue its efforts in uncovering and tracking down all those contributing to perpetuating the conflict and criminal activities that harm the Yemeni people and hinder the path to peace.
