The United States government has announced sanctions against three individuals and six businesses accused of facilitating financial transactions for the Islamic State of Iraq and Syria (ISIS) across multiple regions, including Europe, the Middle East, and West Africa.
The names were released on Monday, June 22, as part of efforts to disrupt what U.S. authorities described as a transnational financial network used to fund ISIS operations. According to the U.S. government, the network spans countries including France, Syria, Türkiye, and Nigeria.
American officials said dismantling the network would help cut off financial resources used by ISIS to carry out attacks, support regional affiliates, and threaten civilian populations, including religious minorities.
Among those sanctioned is Nigerian national Muhammad Mukhtar Adamu, who is alleged to have provided financial services to ISIS-West Africa through a network of money exchange businesses. Also designated are French national Abderrahmane Miloud, also known as Ghazi Ibrahim, accused of providing explosives-related information to ISIS supporters, and Syrian national Abdelhakim Boukich, also known as Babili Muhammad, who allegedly used cryptocurrency platforms to transfer funds on behalf of ISIS-linked groups.
The U.S. government also reaffirmed its security partnership with Nigeria, noting that both countries cooperated in the May 16, 2026 operation that resulted in the death of Abu-Bilal al-Minuki, identified as the second-highest-ranking ISIS official.
In a statement, the U.S. State Department said: “We will continue to use every diplomatic and legal tool available to hold ISIS and its supporters accountable—wherever they operate and however they move money.”
The sanctions were issued by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), which designated the individuals and businesses as Specially Designated Global Terrorists (SDGTs).
According to OFAC, Adamu was born on August 2, 1990, and resides in the Agege area of Lagos. Boukich was born on December 15, 1993, while Miloud was born in August 1992. Both Boukich and Miloud were linked to the Islamic State of Iraq and the Levant.
Three Nigerian businesses linked to Adamu were also sanctioned. They include General Currency Bureau De Change Limited, established in Lagos on January 9, 2019; Manhattan Bureau De Change, located on Murtala Mohammed Way in Kano and incorporated on January 26, 2021; and Nine To Nine Exchange Bureau De Change, situated at the FAAN Complex along Airport Road, Lagos, and established on August 22, 2017.
U.S. authorities said the sanctions are part of ongoing international efforts to disrupt terrorist financing and weaken the operational capabilities of ISIS and its affiliated networks.
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