U.S. Department of Treasury Sanctions Hizballah Financiers in Lebanon

Tuesday 1443/6/15 - 2022/01/18
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Washington, Jan. 18, 2022, SPA -- The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three Hizballah-linked financial facilitators and their Lebanon-based travel company. Specifically, OFAC designated Adel Diab, Ali Mohamad Daoun, Jihad Salem Alame, and their company, Dar Al Salam for Travel & Tourism. This action comes at a time in which the Lebanese economy faces an unprecedented crisis and Hizballah, as part of Lebanon’s government, is blocking economic reforms and inhibiting much needed change for the Lebanese people.
In a statement issued today, the U.S. Department affirmed that Hizballah claims that it supports the Lebanese people, but just like other corrupt actors in Lebanon that the U.S. Department of Treasury has designated, Hizballah continues to profit from insulated business ventures and backdoor political deals, amassing wealth that the Lebanese people never see.
"Hizballah’s widespread network of financial facilitators has helped the group exploit Lebanon’s financial resources and survive the current economic crisis through businessmen like those designated today. The designations of the individuals and entity demonstrate the U.S. Department of Treasury’s ongoing efforts targeting Hizballah’s continued attempts to exploit the global financial sector and evade sanctions," the statement added.
--SPA
21:40 LOCAL TIME 18:40 GMT
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