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Reuters

Business

Lebanese money exchanger Moukalled denies Hezbollah ties after U.S. sanctions

Hezbollah US Treasury

A view shows a logo of Lebanese money exchanger Hassan Moukalled's company CTEX on the exterior of the company, in Beirut, Lebanon January 26, 2023. REUTERS/Aziz Taher

Lebanese money exchanger Hassan Moukalled on Thursday denied that he or his company CTEX have financial ties to Hezbollah and said he would mount legal challenges to U.S. Treasury sanctions against him.

"The claims are wrong - all wrong," Moukalled told Reuters. "We will take all legal measures to respond to this in Lebanon and the U.S."

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