An NI man has had his assets frozen by the UK Treasury under counter-terrorism laws over his suspected involvement with “terrorist activity” linked to the New IRA.
The government said it had “reasonable cause” to suspect that Brian Sheridan, born in Armagh, had been “providing or assisting others in providing financial services or making available funds or economic resources” for the New IRA.
It is the first such use of the Treasury-led domestic counter-terrorism sanctions regime relating to paramilitary activity in Northern Ireland.
Economic Secretary to the Treasury Tulip Siddiq said: “This designation reflects this government’s commitment to protecting the peaceful consensus of the people of Northern Ireland, and to upholding the principles of the Good Friday Agreement in support of the UK’s wider efforts to protect national security for all citizens.”
Under the sanctions it would be an offence for any person or entity to maintain a direct or indirect financial relationship with Mr Sheridan, the finance ministry said.