Kingdom of Saudi Arabia imposes sanctions on individuals, entities linked to Hezbollah

Friday 1437/5/17 - 2016/02/26
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Riyadh, Jumada I 17, 1437, Feb 26, 2016, SPA -- The Kingdom of Saudi Arabia today designated and imposed sanctions on three individuals and four entities linked to the activities of the so called (Hezbollah) as follows:

1- Fadi Hussein Sarhan (Lebanese National). Place of birth: Kafr Kila. Date of birth 01/04/1961.
2- Adel Mohammed Sheri (Lebanese National). Place of birth: Beirut. Date of Birth: 03/10/1963.
3- Ali Hussein Ze'ater (Lebanese National). Place of birth: Lebanon. Date of Birth: 28/07/1967.
4- VATECH SARL.
5- LE-HUA ELECTORONIC FIELD CO.LIMITED.
6- AERO SKYONE CO.LIMITED
7- LABICO SAL OFFSHORE

In a statement issued today, the Ministry of Interior stated that the Kingdom of Saudi Arabia will continue to combat the terrorist activities of the so called (Hezbollah) with all available tools and will continue to work with partners around the world to make it clear that Hezbollah’s militants and extremist activities should not be tolerated by any nation or international organization.
It said that as long as Hezbollah spreads chaos, instability and conducts terrorist attacks as well as involves in criminal and illicit activities across the world, the Kingdom of Saudi Arabia will continue to designate Hezbollah’s operatives, leaders and entities as terrorists and that sanctions shall be imposed on them as a result of this designation.
The Ministry of Interior also would like to alert all citizens and residents of any kind of dealing with Hezbollah and the above-mentioned individuals and entities, if it were otherwise, the Saudi competent authorities shall apply the related Terrorism Crimes and Financing Laws and Regulations against anyone who proves involved in such dealings with the above-mentioned individuals and entities.
It further stated that the sanctioned names are designated under the Saudi Law of Terrorism Crimes and Financing as well as the Royal Decree No. A/44, which targets terrorists and their supporters and whoever works with them or on behalf of them, where any assets of these NAMES designated under Saudi jurisdiction are frozen, and Saudi citizens or expatriates in the Kingdom of Saudi Arabia are generally prohibited from engaging in any transaction with the NAMES designated.

--SPA
14:24 LOCAL TIME 11:24 GMT