The United States has sanctioned three Sudanese entities for their alleged involvement in funding warring parties. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Alkhaleej Bank Co Ltd, Zadna International Co for Development Ltd, and Al-Fakher Advanced Works Co. Ltd for their roles in providing financial support to the conflicting parties in Sudan.
Alkhaleej Bank Co Ltd, identified as being under the control of the Rapid Support Forces (RSF), is alleged to have received $50 million from the Central Bank of Sudan shortly before the commencement of the conflict.
Zadna International Co for Development Ltd, a subsidiary of the Sudanese Armed Forces (SAF), is accused of channeling funds to support SAF operations and shielding the military from civilian oversight.
Al-Fakher Advanced Works Co. Ltd, a holding company established by RSF leadership, is reported to have utilized gold exports as a means to finance weapon purchases, further complicating the economic dynamics surrounding the conflict.
The sanctions imposed by the United States are intended to disrupt the financial networks sustaining the conflict in Sudan and to exert pressure on both the RSF and SAF to cease hostilities and actively engage in a peaceful political transition within the nation.
As a consequence of these sanctions, all property and interests held by the designated entities within the United States or under the possession or control of U.S. persons will be frozen.
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