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Reuters
Reuters
Business

U.S. imposes sanctions on Lebeanese brothers over corruption

The United States imposed new sanctions on Tuesday on two Lebanese brothers, as well as several of their companies, who it said had used their wealth to engage in corrupt practices that contribute to the breakdown of the rule of law in Lebanon.

"Today's action underscores the United States’ commitment to shining a light on corrupt actions, which continue to unjustly impact the Lebanese people," Treasury's Under Secretary for Terrorism and Financial Intelligence Brian Nelson said in a statement.

"Now more than ever, the Lebanese government should implement desperately needed economic and political reforms."

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