US Issues Syria-Related Sanctions

The Treasury and State departments on July 29 sanctioned four people and 10 entities for contributing to the conflict in Syria and for supporting the Syria regime through the construction of luxury real estate. The Treasury’s Office of Foreign Assets Control sanctioned a Syrian businessman and nine entities, while State designated four people and one entity.

Among the OFAC designations is Syrian businessman Wassim Anwar Al-Qattan, who holds contracts with the Syrian government to develop government-owned shopping malls and hotels. OFAC sanctioned Al-Qattan’s companies Muruj Cham Investment and Tourism Group, Adam Trading and Investment LLC, Intersection LLC, Wassim Kattan LLC and Larosa Furniture. OFAC also sanctioned the Qasioun Mall, Al-Jalaa Hotel, Massa Plaza Mall and the Yalbagha Complex for Syrian government connections.

The State Department sanctioned the First Division of the Syrian Arab Army and Syrian official Zuhair Tawfiq al-Assad and his adult son, Karam al-Assad. The agency also sanctioned Syrian President Bashar al-Assad’s adult son, Hafez al-Assad.