LebanesesanctionsWorld News

U.S. sanctions Lebanese businessman, his companies over Hezbollah links


© Reuters. FILE PHOTO: The United States Department of the Treasury is seen in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly

WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday issued new Hezbollah related sanctions, designating Lebanese businessman and the Iran-backed group’s financial facilitator, Ahmad Jalal Reda Abdallah.

Abdallah, five of his associates and eight of his companies in Lebanon and Iraq were sanctioned and added to the sanctions list of the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), the Treasury Department said.

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