US targets two individuals, three entities in Hezbollah-related sanctions program

The US on Wednesday imposed sanctions on several individuals and entities under a program targeting the Iran-backed armed Shi'ite group Hezbollah. (Reuters/File Photo)
Updated 25 April 2019
0

US targets two individuals, three entities in Hezbollah-related sanctions program

  • Targeted for sanctions under US regulations aimed at suspected terrorists or those who support them
  • Comes at a time of growing US concern about role of Hezbollah in Lebanese government

WASHINGTON: The U.S. Treasury, moving to boost pressure on Hezbollah, imposed sanctions on Wednesday against two people and three firms that Washington accuses of being involved in schemes to help the armed Shi'ite group backed by Iran evade American sanctions.

The Treasury's Office of Foreign Assets Control (OFAC) said it was targeting Belgium-based Wael Bazzi because he acted on behalf of his father Mohammad Bazzi, a Hezbollah financier.

OFAC also took action against two Belgian companies and a British-based firm controlled by Bazzi.

In addition, the US Treasury designated Lebanon-based Hassan Tabaja, who it said had acted on behalf of his brother Adham Tabajha, also a Hezbollah financier. The U.S. action freezes their assets and property and prevents U.S. citizens and businesses from dealing with them.

The two men and three businesses were targeted for sanctions under US regulations aimed at suspected terrorists or those who support them, the Treasury said in a statement. Hezbollah is considered a foreign terrorist organization by the United States.

"Treasury is relentlessly pursuing Hezbollah's financial facilitators by dismantling two of Hezbollah's most important financial networks," Treasury Undersecretary Sigal Mandelker said in a statement.

"By targeting Hassan Tabaja and Wael Bazzi and their European-based companies, this administration is continuing to disrupt all avenues of financial support relied upon by Hezbollah," he said.

The US State Department earlier this week offered a reward of up to $10 million for information that could help disrupt Hezbollah's financing.

The move to boost pressure on the group comes at a time of growing US concern about its role in the Lebanese government. Hezbollah's regional clout has expanded as it has sent fighters to Middle East conflicts, including the war in Syria, where it supported President Bashar al-Assad.


Lebanese budget protesters clash with security in Beirut

Updated 20 May 2019
0

Lebanese budget protesters clash with security in Beirut

  • Over one hundred protesters gathered Monday outside the Government House in downtown Beirut
  • Lebanon faces a looming fiscal crisis as the economy struggles with soaring debt

BEIRUT: Security forces opened water cannons on Lebanese anti-austerity protesters in the country’s capital on Monday, as the government continued to hold marathon meetings to discuss severe budget cuts.
Lebanon faces a looming fiscal crisis as the economy struggles with soaring debt, rising unemployment and slow growth. The government’s tightened budget and key reforms aim to unlock billions of dollars in pledged foreign assistance. But planned cuts have unleashed a wave of public discontent, amid leaks that austerity could target public wages, services and social benefits.

A retired Lebanese soldier chants slogans while holding an army flag, during a protest in Beirut, Lebanon, Monday. (AP)

Over one hundred protesters gathered Monday outside the Government House in downtown Beirut shouting “Thieves, thieves!” as the Cabinet met for its 16th session and struggles to reach agreement.
Protesters pushed back against police lines and set fire to tires outside the building. At least two policemen and one civilian were wounded in the scuffles.
Among those demonstrating Monday were public and private school teachers and retired officers.
The government, headed by Prime Minister Saad Hariri, has sought to calm nerves while also describing the upcoming budget as the most austere in Lebanon’s history.
Hariri said he hopes the government will be able to send the budget to parliament later this week.
Finance Minister Ali Hassan Khalil said the cabinet made “important progress” in discussions Sunday.