This news release is issued in respect of the restrictive measures directed against certain persons and entities in view of the situation in Syria.
Annex II to Council Regulation (EC) No 36/2012 has been amended with effect from 11 July 2017 , following the publication of Commission Implementing Regulation (EU) No 2017/1241.
The following entity has been added to the UK’s Consolidated List and is now subject to an asset freeze:
ABDULKARIM GROUP
a.k.a: (1) Al Karim for Trade and Industry (2) Al Karim Group
Address: 5797, Damascus, Syria.
Other Information: An internationally recognised Syrian conglomerate associated with Wael Abdulkarim who is listed as a leading business person operating in Syria
Listed on: 11/07/2017 Last Updated: 11/07/2017 Group ID: 13492
The identifying information for the following individual has been amended and is still subject to an asset freeze.
HASWANI, George
a.k.a: (1) AL HASAWANI, George (2) HASAWANI, George (3) HESWANI, George
Address: Damascus Province, Yabroud, Al Jalaa St., Syria.
Other Information: Leading businessman operating in Syria, with interest and/or activities in the engineering, construction and oil and gas sectors. Holds interests and/or influence in a number of companies in Syria in particular HESCO Engineering and Construction Company, a major engineering and construction company. [Facilitates deals for the purchase of oil from ISIL by the Syrian regime].
Listed on: 09/03/2015 Last Updated: [01/06/2016] 11/07/2017 Group ID: 13232
Financial institutions and other persons are requested to check whether they maintain any accounts or otherwise hold funds or economic resources for, or provide financial services to, the designated entity and individual. If so, they must freeze such accounts or other funds and, unless licensed by the Treasury, refrain from dealing with said funds or economic resources, and suspend the provision of any financial services. They must also report their findings to the Sanctions Officer at the Customs and Excise Division of the Treasury. Where a relevant institution has already reported details of accounts, other funds or economic resources held frozen for the designated individual they are not required to report these details again.
Failure to comply with financial sanctions legislation or to seek to circumvent its provisions is a criminal offence.
The following individual has been deleted from the UK’s Consolidated List and is no longer subject to an asset freeze.
BARQAWI, Ahmad
DOB: --/--/1985.
POB: Damascus, Syria
a.k.a: BARQAWI, Ahmed
Address: (1) Al Karim for Trade and Industry, PO Box 111, Damascus, Syria, 5797. (2) Pangates International Corp Ltd, PO Box Sharjah Airport International Free Zone, United Arab Emirates.
Position: General Manager of Pangates International Corp Ltd. Manager of Al Karim Group.
Listed on: 09/03/2015 Last Updated: [01/10/2016] 11/07/2017 Group ID: 13231.
Further details of the sanctions regime related Syria and links to the Consolidated List of Individuals and entities subject to other financial sanctions regimes may be found on the Customs and Excise pages of the Isle of Man Government website
