The US Treasury Department has imposed new sanctions on two individuals and five entities linked to funding the activities of Lebanese Hezbollah.
The ministry said in a statement that it was Mohammed Ibrahim Bazi, whom he described as “one of Hezbollah’s financiers,” and Iran’s party representative Abdullah Safi al-Din. Washington accused Bazi and Safi al-Din of financing what she described as terrorist activities in favor of Hezbollah.
Under the new sanctions, the Ministry issued an order freezing all financial assets of Bazi and Safi al-Din and all their property in the United States to the Foreign Assets Control Office of the Ministry.
The new resolution also banned all forms of dealing with them in the United States or with companies they own.
In the same statement, Washington announced banning the activities of five companies located in Europe, West Africa and the Middle East, which it said belonged to Mohamed Ibrahim Bazi.
The banned companies are the Belgian energy group, the GTG oil-based company, the Gambia, the European-African group, the Permire Investment Group and the Lebanese company SAL.
The ministry said the sanctions came after US President Donald Trump’s decision to withdraw from the nuclear deal.
On Wednesday, the ministry imposed sanctions on Hezbollah Secretary General Hassan Nasrallah and his deputy Naim Qassem, Assistant Secretary-General Hussein Khalil, Political Council Chairman Ibrahim Amin al-Sayyid and Chairman of the Islamic Committee Mohammad Yazbek.
Under these sanctions, all assets and assets of the target persons are confiscated and strict restrictions are imposed on the opening of bank accounts.
Source: Al Jazeera + Agencies