US Treasury imposes sanctions on Hezbollah financier and seven companies

The US Treasury imposed sanctions on Muhammad Abdallah Al-Amin and seven of his companies on Thursday for providing financial and material support for Hezbollah. (AP)
Updated 04 October 2018

US Treasury imposes sanctions on Hezbollah financier and seven companies

WASHINGTON: The US Treasury imposed sanctions on Muhammad Abdallah Al-Amin and seven of his companies on Thursday for providing financial and material support for Hezbollah.
The treasury’s Office of Foreign Assets Control (OFAC) designated Al-Amin as a “Specifically Designated Global Terrorist” (SDGT).
“Hezbollah is an Iranian-proxy, and this administration is focused on exposing and disrupting its terrorist funding networks. We are exerting extraordinary pressure on Hezbollah financiers to halt their pernicious activities in Lebanon and beyond,” Sigal Mandelker, Under Secretary of the Treasury for Terrorism and Financial Intelligence, said.
“Our action should serve as a warning that we will impose consequences on anyone engaging in business relationships with Al-Amin or other Hezbollah support networks. The treasury has taken more actions against Hezbollah this year than ever before, and we are fully committed to shutting down this terrorist network.”

OFAC’s designation of Al-Amin and his companies comes after action was taken in February targeting the Tabaja network operating in West Africa and Lebanon, owned by Adham Tabaja, who was also designated an SDGT on June 6.
Tabaja maintains direct ties to senior Hezbollah officials and Hezbollah’s operational component, which is responsible for planning, coordinating, and executing Hezbollah attacks worldwide. Tabaja also holds properties in Lebanon on behalf of Hezbollah.
Al-Amin was designated for “assisting in, sponsoring, or providing financial, material, or technological support for, or financial or other services to or in support of, Tabaja,” according to a treasury statement.
Al-Amin concealed funds for Tabaja, and Tabaja held a significant amount of money in Al-Amin’s name at a Lebanese bank. Al-Amin has also served as a liaison between Tabaja and banking officials and has assisted Tabaja in circumventing the impact of sanctions.
In addition to his direct support to Tabaja, Al-Amin was involved in financial activities with Muhammad Fallah Kallas, whom OFAC sanctioned on October 20, 2016.
The statement added: “All property and interests in property of those persons designated today that are subject to US jurisdiction are now blocked, and US persons are generally prohibited from engaging in transactions with them.”

Dick Cheney: Upcoming decade bleak if US adopts ‘disengagement’ policy

Updated 10 December 2019

Dick Cheney: Upcoming decade bleak if US adopts ‘disengagement’ policy

  • Former US vice president sounds warning during panel discussion on ‘The global order 2030’
  • Remarks seen as indirect criticism of President Trump’s pledge to pull forces out of Syria

DUBAI: Dick Cheney, one of the most influential vice presidents in US history, has warned that “American disengagement” from the Middle East would only benefit Iran and Russia.

The 78-year-old politician’s warning came during a speech at the Arab Strategy Forum (ASF) in Dubai, an annual event in which the world’s leading decision-makers address global challenges and opportunities in “a precise, balanced and politically scientific manner.”

Cheney’s remarks could be seen as indirect criticism of US President Donald Trump’s pledges to pull forces out of northern Syria.

Addressing conference delegates, he cited the withdrawal of US troops from Syria and the 2015 lifting of sanctions against Iran during Barack Obama’s presidency, as events that amplified instability in the region.

“Our allies were left abandoned, and no one wants to feel that way again,” said Cheney, who was chief executive of Halliburton between 1995 and 2000 and held high posts in several Republican administrations.

The former VP’s remarks came during the forum’s concluding session titled, “The global order 2030: The Unites States and China,” which was attended by Dubai’s ruler Sheikh Mohammed bin Rashid Al-Maktoum.

Joined by Li Zhaoxing, a former Chinese foreign minister, in a candid panel discussion, Cheney offered his views on the world order in the next decade within the context of Iran’s regional ascendancy, China’s rise and Russian ambitions in the Middle East.

“I am not here to speak on behalf of the US government, or to speak to it,” Cheney said, adding that his talking points reflected concerns he suspected everyone shared.

“For decades, there’s been a consensus of America’s influence in the world and how to use it,” he said, citing instances where US disengagement had caused the political situation in the Middle East to implode.

“Humanity has benefited from America’s protectionism of the world and its relationship with its allies in the region.”

According to him, the upcoming decade would be bleak should the US adopt a disengagement policy, with the pressures most felt by supporters and partners in the Middle East.

Turning to the role that the US and China would play in the global status quo by 2030, Cheney said there were still concerns over China’s reputation.

“We had hoped that there would be a political evolution in China, but that hasn’t happened yet,” he added.

Li said: “China will never learn from a world superpower and will never try to be hegemonic,” citing as examples China’s strong relations with the UAE and the wider Arab world, and the impact of the Belt and Road Initiative (a global development strategy) on Chinese foreign policy.

“History is the best teacher, but the US has forgotten its own history. You don’t keep your promises,” added Li, directing his statement at Cheney.

Cheney said that since the end of the Cold War, the US had expected that its policy toward China would have had a beneficial effect on its behavior and helped to deepen bilateral relations.

“It was disappointing to see that these expectations were not borne out – China has only grown richer, the regime has become more oppressive, and instead of evolving, it became more assertive,” he said.

In a separate ASF meeting at the Ritz-Carlton, Dubai International Financial Center, Karim Sadjadpour, senior fellow at the Carnegie Endowment for International Peace think tank, discussed Iran’s policies in a session titled, “The race for relevance and influence in the region: GCC, Iran, Turkey and Russia.”

Sadjadpour said he expected in the next 10 years to see the arrival of “an Iranian Putin” with a military background as the country’s next leader.

“After 40 years of a clerical regime and a military autocracy, there is now a rise of Persian nationalism. This is a shift from the sheer revolution ideology,” he said.

Sadjadpour said there had been an evolution of “Shiite Arab” identity during the past two decades, with the focus more on religion than nationality.

Under the circumstances, he noted that Sunni Arab powers had an important role to play in welcoming Shiite Arabs into their fold “and luring them away from Iran.”

The analyst added that the future of the Arab world could not be explored and forecast without considering a growing mental health crisis. “Today, hundreds of millions of people in the region suffer from PTSD (post-traumatic stress disorder), and the effects of this will be with us for decades to come, resulting in issues like radicalism.”

He said there was a need for training thousands of counselors in the field of mental health in order to reach out to those whose lives had been robbed by extreme violence and conflicts.