US sanctions al-Shabaab fundraisers, money launderers ...Kuwait

The US Department of the Treasury on Monday imposed sanctions on what it said was an international fundraising and money-laundering network for the al-Shabaab militant group operating in Somalia. The sanctions targeted 16 entities and individuals across the Horn of Africa region, the United Arab Emirates and Cyprus, the Treasury said in a statement. The action, which follows US sanctions against a separate network linked to al-Shabaab in October 2022, freeze any US assets of those targeted and generally bars Americans from dealing with them. It said al-Shabaab, which Washington considers a terrorist group, generates over $100 million a year, including by extorting loc

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