Konstantinos Stavridis

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Stavridis has used his company Fani Oil Trading FZE (Fani Oil) to purchase gasoline from al-Jamal, the proceeds from which were ultimately sent to the Houthis

Country:

United Arab Emirates  

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Al-Jamal’s network has generated tens of millions of dollars in revenue with the aid of a diverse array of international commodity traders;

Stavridis has used his company Fani Oil Trading FZE (Fani Oil) to purchase gasoline from al-Jamal, the proceeds from which were ultimately sent to the Houthis. Mahamud’s Adoon General Trading FZE helped facilitate the deal. Fani Oil has created fraudulent shipping documents to facilitate the sale and shipment of gasoline worth tens of millions of dollars.

Fani Oil Trading FZE is being designated pursuant to E.O. 13224, as amended, for being owned, controlled, or directed by, directly or indirectly, Konstantinos Stavridis;

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. Despite persistent calls for peace from the international community, the Houthis continue their destructive campaign inside Yemen, and have repeatedly launched ballistic missiles and unmanned aerial vehicles that have struck civilian infrastructure in neighboring states, resulting in civilian casualties. Today’s action is taken in close coordination and collaboration with regional Gulf partners.

On June 10, 2021 OFAC designated al-Jamal and members of his network pursuant to E.O. 13224, as amended, for their role in generating revenue through the sale of commodities such as petroleum to fund the Houthis. Al-Jamal directs a web of front companies and vessels that smuggle fuel, petroleum products, and other commodities to customers throughout the Middle East, Africa, and Asia. Al-Jamal is aided by Turkey-based Abdi Nasir Ali Mahamud and his network of businesses, which have served as a cover for al-Jamal’s activities.

Involved In:
Nuclear Weapon Program
Missile Weapon Program

Also Known As:
Konstantinos Stavridis

Born:
18 Mar 1949

Country:
United Arab Emirates

Address:
Dubai, United Arab Emirates

POB:
Elliniko, Greece

Nationality:
Greece

Passport:
AT0435443 (Greece) expires 02 Aug 2025

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on February 23, 2022 pursuant to Executive Order 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Sa’id al-Jamal;