Hezbollah financial network backed by US and Qatar sanctions Iran

The US Treasury and Qatar have issued joint sanctions on members of a network that funds Iran-backed terrorist group Hezbollah.

In a statement on September 29, Hezbollah “abused” said Andrea M. Gacki, director of the Office of Foreign Assets Control (OFAC).[ed] An international financial system by filling financial resources and developing a global network of financial institutions to support terrorist activities. “

“The cross-border nature of this Hezbollah financial network underscores the importance of continued cooperation with international partners such as the Government of Qatar to protect the United States and the international financial system from terrorist abuse.” Gatsuki was added with a different spelling. Hezbollah.

The Office of Foreign Assets Control has imposed sanctions on seven Gulf residents, including Arial Banai, who allegedly provides financial support to Hezbollah, and one Qatari company, Aldar Properties.

According to a statement, Ali Al Banai regularly meets with Hezbollah officials in Lebanon and Iran for tens of millions of dollars via a Kuwait-based donor and a branch of the Kuwait-based Martyrs Foundation. I sent money to Hezbollah. Financial support for families of murdered or imprisoned terrorists, including suicide bombers on Palestinian territory.

The owner of the licensed Al Dar Properties, Sulaimanal-Banai, was the Chief Manager of Alial-Banai’s business and financial activities in Qatar and abroad.

OFAC blocks financial transactions related to the assets of sanctioned persons who lose access to the US financial system. Similar measures apply in Qatar.

US Secretary of State Antony J. Blinken said the sanctions are “one of the most important joint actions ever taken with a Gulf Cooperation Council (GCC) partner.”

Blinken also called on other governments to follow suit and designate, limit, or ban the Hezbollah movement.

The United States designated Hezbollah as a terrorist organization in 1997, followed by the Gulf Cooperation Council in 2016.

Earlier this month, OFAC issued similar sanctions on Hezbollah lenders in Lebanon and Kuwait.

Prior to joint sanctions, Qatar also coordinated with the United States earlier this month when Qatar authorities assisted in the evacuation of Americans from Afghanistan.

Hezbollah’s fuel import “infringement of Lebanon’s sovereignty”

Last month, Hezbollah leader Hassan Nasrara accused Lebanon of the worsening economic crisis with US sanctions.

In the midst of that economic recession, Lebanon has seen food and fuel shortages and 400 percent inflation. In a spring 2021 report, the World Bank estimated that more than half of the country’s population is likely to be below the country’s poverty line.

Meanwhile, Hezbollah is importing Iran’s fuel transport into Lebanon, an act that violates Lebanon’s sovereignty.

When asked about Hezbollah imports in an interview with CNN, Lebanese Prime Minister Najib Mikati said: .. “

Tammy Hung