The Treasury Department's Office of Foreign Assets Control on Tuesday designated Islamic State finance emir Salim Mustafa Muhammad al-Mansur as a Specially Designated Global Terrorist, collaborating with the Iraqi government to disrupt the terrorist group's financial networks.
"Treasury continues to work in close collaboration with the government of Iraq to dismantle ISIS financial networks both inside and outside of ISIS-controlled territory," OFAC Director John E. Smith said in a Treasury Department press release. "This action underscores the United States' resolve to work with international partners to further restrict ISIS's ability to abuse the U.S. and Iraqi financial systems."
All of Mansur's property and interests in property subject to U.S. jurisdiction will now be blocked, and U.S. persons will be prohibited from engaging in transactions with him, as a result of Executive Order 13224 for acting for or on behalf of ISIS.
The terrorist designation is a result of the continued efforts to disrupt ISIS's financial networks in various geographic locations and work with the Iraqi government. Iraq has also barred Mansur from the Iraqi financial system and frozen any of his assets under its jurisidction.
Dating back to at least 2009, Mansur has been involved with ISIS and al Qaeda in Iraq (AQI). Mansur was an AQI commander who supported terrorism in Iraq through fundraising.
Mansur moved hundreds of thousands of Iraqi dinars to ISIS in Mosul in 2014 and laundered money on behalf of the jihadist group in 2015.
As of mid-2016, Mansur sold crude oil that ISIS had extracted from oil fields in Iraq and Syria.
Mansur moved to Turkey and was last known as an ISIS finance emir for Mosul as of early 2017.
Published under: Iraq , ISIS , Islamic State , Sanctions , Treasury Department