Wednesday, May 27th | 4 Sivan 5780

Subscribe
February 26, 2020 11:38 am

US Targets Individuals, Entities Linked to Lebanon’s Martyrs Foundation

avatar by Reuters and Algemeiner Staff

Hezbollah leader Hassan Nasrallah gestures as he addresses his supporters via a screen during the religious procession to mark the Shi’ite Ashura ceremony, in Beirut, Lebanon, Sept. 10, 2019. Photo: Reuters / Aziz Taher.

The United States on Wednesday added a host of Lebanese individuals and entities it said were linked to the Martyrs Foundation to its designated “global terrorists” lists, according to a notice on the US Treasury Department’s website.

US officials have previously targeted the Lebanon-based Martyrs Foundation, an organization the department has said channels financial support to several militant groups, including Hezbollah.

The US Treasury Department said in a statement that its Office of Foreign Assets Control (OFAC) had blacklisted Atlas Holding for being owned or controlled by the Martyrs Foundation, as well as senior Atlas official Kassem Mohamad Ali Bazzi, and 10 Atlas-affiliated companies.

Jawad Nur-al-Din and Sheikh Yusuf Aasi were also designated for being leaders or officials of the Martyrs Foundation, which was designated for supporting terrorism in July 2007.

Related coverage

May 27, 2020 11:56 am
0

Iran Changes Tack in Iraq After Soleimani Assassination

Two diplomats are quietly leading Iran's push to influence politics in Iraq, in a departure from the more blunt enforcement employed...

Mirath S.A.L., which is owned or controlled by Jawad Nur-al-Din, was also designated.

As a result, all property of those targeted that fall under US jurisdiction must be blocked and reported to OFAC, whose rules generally bar all US persons from dealing with them.

Further, those blacklisted are subject to secondary sanctions under which OFAC can penalize foreign financial institutions which deal with them.

Share this Story: Share On Facebook Share On Twitter

Let your voice be heard!

Join the Algemeiner

Algemeiner.com

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.