New US Sanctions Hit at Hezbollah Financiers, Funding
Error: Contact form not found.
by Reuters and Algemeiner Staff
The United States sought to further choke off funding sources for Iranian-backed Hezbollah on Thursday, sanctioning one of its financiers and its representative to Iran, as well as five entities based in Europe, West Africa and the Middle East.
It imposed sanctions on Hezbollah‘s financier, Mohammad Ibrahim Bazzi, and its representative to Iran, Abdallah Safi Al-Din, the Treasury Department said in a statement.
The department said it had also blacklisted Belgian energy services conglomerate Global Trading Group; Gambia-based petroleum and petroleum products company Euro African Group; and Lebanon-based Africa Middle East Investment Holding, Premier Investment Group SAL Offshore and import-export group Car Escort Services.
“The savage and depraved acts of one of Hezbollah‘s most prominent financiers cannot be tolerated,” US Treasury Secretary Steven Mnuchin said in a statement.
“This administration will expose and disrupt Hezbollah and Iranian terror networks at every turn, including those with ties to the Central Bank of Iran,” he said.
The sanctions are among a slew of new and additional ones aimed at Iran and Hezbollah since US President Donald Trump withdrew from the Iran nuclear deal last week.
In one of the biggest moves aimed at tightening the noose on Iran’s overseas operations and its elite revolutionary guards, the US Treasury sanctioned Iran’s central bank governor, Valiollah Seif, earlier this week.
On Wednesday, the United States, backed by Gulf States, imposed additional sanctions on Hezbollah‘s top two leaders, Hassan Nasrallah and Naim Qassem.
ICC Chief Prosecutor Removed From Office Amid Sexual Misconduct Scandal
Trump Civil Rights Office Compels Reed College to Adopt IHRA Definition of Antisemitism Over Hate Incident
Guatemala Becomes Third Nation to Recognize Jerusalem’s City of David as Part of Humanity’s Historic Heritage
Malaysia Defies US Pressure, Vows to Deport Any Israeli Who Enters the Country
Slate of Pro-Israel Arizona Moderates Emerge Victorious
Lawyers Accuse ‘Love Island’ Producers Of Ignoring Concerns About Contestant’s Anti-Israel Instagram Posts
French Jewish DJ Sues Pro-Palestinian Activists For Violently Disrupting Festival Gig
Why Tisha B’Av — and the Current Moment — Are Not the End of the Story
Why Does the Media Refuse to Expose Zohran Mamdani’s Threats to Arrest Netanyahu?
Khalil al-Hayya: The New Hamas Leader Who Will Continue Sinwar’s Path










