US sanctions Hezbollah's accountants, weapons facilitator


Staff member
US sanctions Hezbollah's accountants, weapons facilitator
OFAC regulations generally prohibit all dealings by US persons or within the US that involve any property of designated entities.
Published: DECEMBER 1, 2022

The United States on Thursday sanctioned individuals and companies for allegedly providing financial services to and facilitating weapons procurement for Hezbollah, the US Treasury Department said. The Treasury Department's Office of Foreign Assets Control (OFAC) took action against two individuals and two companies based in Lebanon for providing financial services to Hezbollah, along with an additional individual involved in facilitating weapons procurement for the group, it said in a statement.

Founded in 1982 by Iran's Revolutionary Guards and classified by the United States and other Western countries as a "terrorist organization," Hezbollah is a powerful group in Lebanon because of a heavily armed militia that fought several wars with Israel. It grew stronger after joining the war in Syria in 2012 in support of President Bashar al-Assad.