Garanti Ihracat

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Turkey-based Garanti Ihracat Ithalat Kuyumculuk Dis Ticaret Limited Sirketi (Garanti Ihracat) has facilitated millions of dollars’ worth of transactions for al-Jamal, including transfers in support of oil shipments to China and Syria

Country:

Turkey  

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:
Turkey-based Garanti Ihracat Ithalat Kuyumculuk Dis Ticaret Limited Sirketi (Garanti Ihracat) has facilitated millions of dollars’ worth of transactions for al-Jamal, including transfers in support of oil shipments to China and Syria. Syrian regime-affiliated, Treasury-designated businessman Muhammad Bara’ Qatirji has used Garanti Ihracat to send millions of dollars to al-Jamal for oil shipments;

In addition to Garanti Ihracat, al-Jamal has been aided by Yemen-based money exchange houses AlAlamiyah Express Company for Exchange and Remittance and Al-Hadha Exchange Co., both of which have moved tens of millions of dollars in support of al-Jamal’s efforts to fund the Houthis;

Garanti Ihracat Ithalat Kuyumculuk Dis Ticaret Limited Sirketi, AlAlamiyah Express Company for Exchange and Remittance, and Al-Hadha Exchange Co. are all being designated pursuant to E.O. 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;

Sa’id al-Jamal, an Iran-based Houthi financial supporter, directs a network of front companies and vessels that smuggle Iranian fuel, petroleum products, and other commodities to customers throughout the Middle East, Africa, and Asia. A significant portion of the revenue generated from these sales is directed through a complex international network of intermediaries and exchange houses to the Houthis in Yemen. This revenue helps fund the destabilizing regional activities of the Houthis, IRGC-QF, and others, including Hizballah. Sa’id al-Jamal’s network has generated tens of millions of dollars in revenue through the sale of Iranian commodities to those willing to evade sanctions. Sa’id al-Jamal also maintains connections to Hizballah and has worked with the group to send millions of dollars to support the Houthis;

Also Known As:
Garanti Ihracat Ithalat Kuyumculuk Dis Ticaret Limited Sirketi
Garanti Gold and Exchange

Organization Established Date:
31 Oct 2017

Country:
Turkey

Address:
Ali Gulacti Center Apt, No: 6-302 Mimar Kemalettin Mahallesi, Koca Ragippasa Caddesi, Fatih, Istanbul 34130, Turkey

Chamber of Commerce Number:
1095528 (Turkey)

Registration Number:
105602-5 (Turkey)

Central Registration System Number:
389094978900001 (Turkey)

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;