Info:
According to reports Istanbul’s Chamber of Commerce lists Abdi Nasir Ali Mahamud as the sole board member of Turkey-based JJO GENERAL TRADİNG GIDA SANAYİ VE TİCARET ANONİM ŞİRKETİ;
The company has a general trading license that specifies the ability to ship internationally anything related to foodstuffs. Although petrochemicals are not named, OFAC also sanctioned multiple general trading companies, including in the UAE and Turkey, that are a part of this network;
Abdi Nasir Ali Mahamud is involved in smuggling network that helps fund Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and the Houthis in Yemen. Led by Iran-based Houthi financier Sa’id al-Jamal, this network generates tens of millions of dollars in revenue from the sale of commodities, like Iranian petroleum, a significant portion of which is then directed through a complex network of intermediaries and exchange houses in multiple countries to the Houthis in Yemen;
Turkey-based Houthi-affiliate Abdi Nasir Ali Mahamud, a key business partner of Sa’id al-Jamal, acts as a financial intermediary and has coordinated the smuggling of petrochemicals for the network. Mahamud has leveraged his position as managing director of UAE-based Adoon General Trading FZE to facilitate the transfer of millions of dollars on behalf of Sa’id al-Jamal;
Mahamud is being designated by the U.S. Treasury Department 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;
Industry:
Shipping Industry
Also Known As:
JJO GENERAL TRADİNG GIDA SANAYİ VE TİCARET ANONİM ŞİRKETİ
Established:
01.13.2020
Country:
Turkey
Reason for the color:
» Sanctioned terror financier is the sole board member at Turkey-based “JJO General Trading”;
» Turkish and Greek shipping companies smuggling oil with sanctioned terror financiers and IRGC;