Burkina Faso has imposed sanctions on over 100 individuals and entities, including former leaders and military officers, for terrorism financing. The sanctions freeze assets, impose travel bans, and aim to combat money laundering and terrorism amidst ongoing security challenges.

Burkina Faso Imposes Financial Sanctions on Individuals and Entities for Terrorism Financing

Burkina Faso has imposed financial sanctions on over 100 individuals and entities accused of being involved in financing terrorism. These sanctions, which include freezing the assets and economic resources of the suspects, also target former transitional president Lieutenant Colonel Paul-Henri Sandaogo Damiba, according to Anadolu Agency reports.

Among the notable figures on the sanctions list are former foreign ministers Djibril Bassolé and Alpha Barry, former president of the Independent National Electoral Commission (CENI) Newton Ahmed Barry, and several military officers.

Economy Minister Aboubakar Nacanabo stated that the objective behind these measures is to "combat money laundering and terrorism financing within the country."

As part of the sanctions, individuals and entities affected will have their assets frozen and will be subjected to travel bans.

This move comes as Burkina Faso continues to face significant security challenges, with a rising number of terrorist attacks impacting the country. The government has stated that it is taking decisive actions to confront these threats and hold accountable those suspected of involvement in terrorism and related activities.