Lebanon .. Washington imposes new sanctions on individuals and entities linked to Hezbollah

Today, Friday, the US Treasury announced the imposition of new sanctions against 3 Lebanese and 10 companies, which it described as part of an international network of the Lebanese Hezbollah, accusing them of trying to evade the sanctions imposed on this party, which Washington classifies as a terrorist organization.

According to what this ministry said in a statement, the sanctions affected Adel Diab, Adnan Ayyad and Jihad Adnan Ayyad, noting that some of the entities targeted by the sanctions are based in Zambia.

For his part, Treasury Undersecretary for Terrorism and Financial Intelligence Brian Nelson affirmed that his department is committed to impeding Hezbollah’s illegal activity and attempts to circumvent sanctions through business networks, while intensifying sponsorship of patronage and corruption networks in Lebanon.

On Tuesday, Washington imposed sanctions on 3 businessmen linked to Hezbollah, saying that their activity in facilitating financial transactions for the Iranian-backed group exploits Lebanon’s economic resources at a time when the country is facing a crisis.

Over the years, the United States has targeted Hezbollah with a series of measures and sanctions against businessmen, politicians, and entities affiliated with it, which the party sees as interference in Lebanese affairs, and accuses Washington of fomenting sedition.

Crises have wracked the Lebanese economy since 2019, when it collapsed under the weight of the hills of debt. The local currency (the lira) plunged to a new record last week, and large sectors of the population fell into poverty.

And local media reported on Monday that the Lebanese cabinet will hold its first meeting in 3 months, next week, after Hezbollah and the Amal movement ended their boycott of government meetings at the weekend.

Hezbollah and the Amal movement, which support a number of ministers, were boycotting government sessions over a dispute over the investigation into the massive explosion in the port of Beirut in 2020.

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