Today, Friday, September 17, the US Treasury announced that the sanctions include entities and individuals in Lebanon, Iran, the UAE, Turkey, Kuwait, China and Taiwan, on charges of financing the two groups classified as “terrorist”.
came in statment Treasury claims that it has included in the sanctions members of an international network of financial facilitators and front companies that work to support Hezbollah and Iran’s Quds Force.
According to the Treasury, the sanctioned networks laundered tens of millions of dollars through regional financial systems, and conducted currency exchanges and traded gold and electronics.
With the support of the Quds Force, the party used the proceeds from these networks to fund terrorist activities, according to the ministry, to perpetuate instability in Lebanon and throughout the region.
The sanctions included two Lebanese citizens, two Kuwaiti citizens and one Chinese citizen, as well as eight Iranian citizens, two of whom reside in Turkey and China.
Among the listed individuals is the Lebanese Hussein Muhammad Hadwan, who was described in the Treasury statement as a senior official in the “Hezbollah Secretariat”, who manages the incoming fundraising for the party and receives his orders directly from the Secretary-General of “Hezbollah”, Hassan Nasrallah.
“The United States will not hesitate to take measures to disrupt networks that provide financial support to Hezbollah and the Quds Force of the Iranian Revolutionary Guard,” said Andrea Jackie, director of the Office of Foreign Assets Control.
The Treasury added that the sanctions imposed today underscore the direct links between Hezbollah’s global financial network and terrorist activities, and Hezbollah’s continued exploitation of the legitimate commercial sector to obtain financial support, enabling the group to carry out terrorist acts and undermine Lebanon’s political institutions.
The United States of America imposed sanctions on five al-Qaeda operatives residing in Turkey.
On Thursday, September 16, the US Treasury Department said: statmentThe sanctioned individuals provided financial services and travel assistance to Al-Qaeda, which is on the international terrorist lists.
It generally prohibits “all transactions that they conduct within the United States (including those that pass through the United States), which involve any property or interests in the property of prohibited, designated or otherwise prohibited persons.”
Sanctions were enacted under Executive Order No. 13224 into law by former US President George W. Bush on September 23, 2001, in the wake of the 9/11 attacks.
The law allows the United States to enforce asset blocking of foreign entities that commit terrorist acts, as well as of those who provide material support to known “terrorist” organizations.