New IRA sanctioned

The government has announced sanctions on the New IRA and a suspected terror facilitator.

The government says it has reasonable grounds to suspect Kieran Gallagher is involved in terrorist activity.

These measures prohibit all persons required to comply with UK sanctions from dealing with any funds or economic resources owned, held or controlled by Gallagher or by the New IRA; or making funds, economic resources or financial services available to them or for their benefit (this includes any entities they own or control), without a licence from HM Treasury or an applicable exception. 

An asset freeze has been announced against the New IRA for being responsible for, engaging in and providing support for, the commission, preparation and instigation of acts of terrorism; facilitating, promoting and encouraging terrorism; and carrying out recruitment activities for a person involved in terrorism.

Gallagher has also been placed under director disqualification sanctions which prohibit him from acting as a director of a company or directly or indirectly taking part in or being concerned in the promotion, formation or management of a company.

Gallagher is suspected of being involved in terrorist activity by providing financial services, or making available funds or economic resources, for the purposes of terrorism; and being involved in terrorist activity by facilitating terrorism.