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Reuters
Reuters
Business
Kanishka Singh

U.S. sanctions Lebanese businessman, his companies over Hezbollah links

Hezbollah United States Treasury Department Iran US Treasury Department
FILE PHOTO: The United States Department of the Treasury is seen in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly

The U.S. Treasury Department on Thursday issued new Hezbollah-related sanctions, designating Lebanese businessman and the Iran-backed group's financial facilitator, Ahmad Jalal Reda Abdallah, and his companies.

Abdallah, five of his associates and eight of his companies in Lebanon and Iraq were sanctioned and added to the sanctions list of the U.S. Treasury Department's Office of Foreign Assets Control, the department said.

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