U.S. Sanctions Lebanese Businessman For Hezbollah Links | Hezbollah News

The U.S. Treasury Department has imposed sanctions on so-called “financial facilitators” of Hezbollah in Lebanon.

The United States has imposed sanctions on a Lebanese businessman, accusing Ahmed Jalal Radar Abdullah of being a “financial facilitator” of the Lebanese Hezbollah group.

in a statement On Thursday, the U.S. Treasury Department said the sanctions targeted Abdullah, five of his colleagues and eight of his companies in Lebanon and Iraq.

“Hezbollah has created a network of businesses to hide its activities and raise funds for its destabilizing activities, all at the expense of accountability and public safety in Lebanon and the region,” said Treasury official Brian Burke. Brian E Nelson said. group.

“The designation of this network demonstrates the U.S. government’s commitment to protecting Lebanon’s private sector and financial system from Hezbollah’s misuse, with the goal of targeting and exposing the group’s financial activities.”

The move comes days after Hezbollah and its allies lost the majority In Lebanon’s parliament after the weekend’s general election.

it also appears in lebanon facing financial crisisthe value of the country’s currency has fallen sharply over the past two years.

The United States designated Hezbollah in 1997 as a “terrorist” organization, but the group rejected the label and positioned itself as a resistance against Israel.

Hezbollah also blames U.S. sanctions, including on neighboring Syria, for worsening Lebanon’s economic crisis.

On Thursday, the Treasury Department described Abdullah as a Hezbollah official and an “active member” of the group’s global financial network.

It claimed that Abdullah had “supported Hezbollah for decades, carrying out extensive business operations in various countries that diverted profits to Hezbollah”.

The sanctions freeze any assets in the U.S. and make it a potentially criminal act for U.S. citizens to do business with blacklisted individuals and entities.

Washington has been stepping up its crackdown on Hezbollah’s financing network, and former U.S. President Donald Trump has stepped up pressure on the Iran-backed group as part of its His “Maximum Pressure” campaign against Tehran.

“Hezbollah organizes companies to hide their ownership and make them appear legitimate,” State Department spokesman Ned Price said in Thursday’s sanctions statement.

“Through actions like today’s, we continue to combat Hezbollah’s use of corporations to finance its terrorist activities and its efforts to destabilize Lebanon and the wider region,” Price said.

Source link