Treasury Sanctions Rwandan Ministry of Defence and Financial Institution Supporting M23

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on the Rwandan Ministry of Defence and Zigama Credit and Savings Society, a Rwandan financial institution that has played a key role in facilitating Rwanda’s support for the March 23 Movement (M23) and its political wing, the Congo River Alliance. “Today, the United States makes good on President Trump’s promise to hold Rwanda accountable for its commitments under the Washington Accords for Peace and Prosperity,” said Secretary of the Treasury Scott Bessent. “Rwanda must halt its support for M23 and withdraw its troops from eastern DRC. On October 12, the Front for the Refoundation of the Nation announced its formation as the successor to the Congo River Alliance.