U.S. Treasury Sanctions Lebanese Businessman, Companies for 'Hizbullah Ties'
The US Treasury Department on Thursday imposed sanctions on Mohammed Abdullah al-Amin and seven companies he owns allegedly for providing financial and technological support for Hizbullah.
The Treasury has imposed sanctions on companies owned by al-Amin which include Lebanon-based company Sierra Gas S.A.L. Offshore, Lama Foods S.A.R.L, Lama Foods International Offshore S.A.L, Impulse S.A.R.L, Impulse International S.A.L. Offshore, M.Marine S.A.L. Offshore and Thaingui SAL Offshore.
The Treasury accused al-Amin of concealing money for Adham Tabaja, an alleged Hizbullah financier who has been under sanctions since 2015.
Treasury officials said that al-Amin has been “listed on the international terrorist list.”
“Hizbullah is an Iranian-proxy, and this Administration is focused on exposing and disrupting its terrorist funding networks,” Treasury Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker said in a statement.
“Our action should serve as a warning that we will impose sanctions on anyone engaging in business relationships with Amin or other Hizbullah support networks,” he said.
Source: Naharnet
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