Vancouver, Surrey Indian Community - BCIndian.com
| | | | | | | | | | | |
 


 

US sanctions Lebanese individual, firms over Hezbollah ties

United States,Politics

Author : Indo Asian News Service

International, Politics, National, United States Read Latest News and Articles

Share With Your Friends



Add an Article

View All Contributions

Add To My Favorite

Add A Picture

Washington, Sep 18 (IANS) The US government has announced sanctions against a Lebanese individual and two companies for their alleged ties with the Beirut-based Hezbollah group.

The Treasury Department said in a statement on Thursday that the two companies, Arch Consulting and Meamar Construction, were blacklisted "for being owned, controlled, or directed" by Hezbollah, reports Xinhua news agency.

Lebanese Sultan Khalifah As'ad was also designated, who the Treasury said is a Hezbollah Executive Council official closely associated with both companies.

"Through Hezbollah's exploitation of the Lebanese economy and manipulation of corrupt Lebanese officials, companies associated with the terrorist organization are awarded government contracts," Treasury Secretary Steven Mnuchin said in the statement.

The State Department designated Hezbollah, backed by the Islamic Shia community, as a Foreign Terrorist Organization in 1997.

According to the statement, all property and interests of the property of the designated entities and the individual in the US have been blocked, and Americans are generally prohibited from engaging in any transactions with them.

Last week, the US sanctioned two former Lebanese ministers, accusing them of supporting Hezbollah.

Established in 1982 during Lebanon's civil war, Hezbollah is now a major political party in the country.

It fought a war with Israel in 2006.

--IANS

ksk/


Copyright and Disclaimer: All news and images appearing in our news section, search engines and social media are provided by IANS. If you face any issues related to the content/images, please contact our news service provider directly. We are not liable/responsible for any content/images related to the news service provider.


Latest News

View More News


More News Articles

GT win toss, elect to bowl first against DC in Shubman Gill's 100th IPL game

Swati Sharma completed 60 parikramas around Shivling to get scene right

Ashish Vidyarthi promises untold stories from Pulwama, Balakot in 'Ranneeti'

IPL 2024: Hayden hails Pooran as 'cleanest hitter in the world' after cameo in record chase in Chepauk

Sushant Singh Rajput's pic with Dhoni and baby daughter goes viral, fans get emotional