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Malaysia tells US it doesn't recognise sanctions imposed unilaterally

May 9, 2024 at 9:54 am

Malaysian Interior Minister Saifuddin Nasution bin Ismail in Ankara, Turkiye on September 25, 2023 [Turkish Interior Ministry / Handout /Anadolu Agency via Getty Images]

Malaysia has told the US that it does not recognise sanctions imposed unilaterally by individual states, Interior Minister Saifuddin Nasution Ismail said today.

“I emphasised that we will only recognise sanctions if they are imposed by the UN Security Council,” added Ismail at an event after meeting with Brian Nelson, the top sanctions official of the US Treasury Department, Free Malaysia Today has reported. “The delegation from the US respected our stance.”

Nelson is in Malaysia reportedly to discuss issues related to funds being moved to Iran and its proxies, and funding for the Palestinian resistance movement Hamas from within the Malaysian financial sector.

The minister pointed out that Kuala Lumpur is committed to combating terrorist financing with a “clear strategic plan in place to tackle illicit funding and money laundering.” Moreover, he said that Malaysia’s policies and strategies “comply with international standards.”

The meeting came as the US said it was trying to prevent Malaysia from becoming a jurisdiction where Hamas could both fundraise and then move money. Washington also said that Iran’s capacity to move its oil was due to service providers based in Malaysia.

The minister, however, described his meeting with Nelson as “productive” and said that Malaysia was “always open to engaging with the US.”

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