In a statement, the US Treasury said it had sanctioned the head of the Currency Exchangers Association in the Yemeni capital, Sana’a, along with three exchanges in Yemen and Turkey responsible for “facilitating the flow of Iranian financial assistance” to the Houthis.
It added that these people facilitated the transfer of “millions of dollars” to the Houthis at the direction of Sa’id al-Jamal, a group linked to Iran’s Islamic Revolutionary Guards Corp (IRGC).
Unlike the Houthis, the IRGC has been designated as a foreign terrorist organisation by the United States.
“Today’s action underscores our resolve to restrict the illicit flow of funds to the Houthis, who continue to conduct dangerous attacks on international shipping and risk further destabilising the region,” said Treasury Under Secretary for Terrorism and Financial Intelligence Brian Nelson in a statement.