Uganda, March 14 -- Ugandan security agencies had cleared a Ugandan company and its shareholders of any links with al-shabaab, terrorism financing and money laundering charges, court records have shown.

The United States on Monday sanctioned Haleel Commodities Limited (HCL) and some of its shareholders, including Farhan Hussien Haidar and Omar Sheikh Ali Hilowle on allegations of terrorism financing and money laundering. All their assets and finances under the US jurisdiction were frozen and they cannot operate with any US companies or institutions.

Details have emerged that HCL was among the nine entities whose funds the Financial Intelligence Authority (FIA) froze in 2018 and 2019 on allegations of funding terrorism and money launderi...