The Treasury announced that it is targeting a network of companies and individuals in Lebanon, Sierra Leone, Ghana, Liberia and other countries linked to Hezbollah financier Adham Tabaja. The sanctions freeze assets in the U.S. and prevent Americans from doing business with any of the six individuals and seven companies. The U.S. has designated Hezbollah a terrorist organization that also plays a major political role in Lebanon. The U.S. estimates Iran sends Hezbollah about $700 million a year and officials say that Hezbollah has become Iran’s main proxy in the Arabic-speaking world. Most of the individuals targeted had not been publicly known to be financiers of Hezbollah, nor are they prominent names in Lebanon.

Source: GNN Liberia February 02, 2018 20:26 UTC