Original Coverage & Source Attribution: shafaq.com
2026-11-04T18:52:22+00:00
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Shafaq News-
Washington
The US Treasury on
Wednesday added secondary sanctions warnings to the existing sanctions listings
of two Baghdad-based banks and several Iraqi individuals, according to the
Office of Foreign Assets Control (OFAC).
The banks are the
International Development Bank for Investment and Finance (IDB) and the Islamic
Regional Cooperation Bank, both in Baghdad. The IDB was designated on Oct. 15
for allegedly giving Iran access to US dollars, and Iraq’s central bank later
barred it from all dollar transactions.
Updated individual
listings include Ali Maarij Al-Bahadly, born in Maysan province in 1966 and
residing in Baghdad and Amarah, who is linked to Salim Ahmed Said. They also
include brothers Abdulhasan and Majid Ali Akbar Namdar Al-Mandalawi, both based
in Dubai and linked to Shams and Bahr Trading Company, along with Waleed Khaled
Hameed Al-Samarra’i and Thamoud Mohammed Muhsin Al-Azzawi.
The warning was also
added to two companies in Said’s network: VS Oil Terminal, which lists an
address at Khor Al-Zubair port in Basra, and VS Tankers, also known as Al
Iraqia Shipping Services.
