OFAC sanctions more investment entities linked to Hamas
By 
Aaron Nicodemus2023-10-27T15:36:00
The Treasury Department’s Office of Foreign Assets Control (OFAC) imposed a second round of sanctions on investment entities believed to be funding the terrorist organization Hamas.
The sanctions, announced Friday in a press release, targeted assets in Hamas’s investment portfolio, as well as supporters in the highest levels of Iran’s military. The actions built on a previous set of sanctions levied against Hamas- and Iranian-related investment entities announced by OFAC on Oct. 18.
Hamas militants killed more than 1,400 Israelis and abducted 200 more in a series of surprise attacks on Oct. 7. Since then, the United States has expressed its support for Israel and provided it with munitions and logistical support.
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