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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

US Sanctions Lebanon Money Exchanger for Alleged Ties to Hezbollah

The Treasury Department is seen near sunset in Washington, Wednesday, Jan. 18, 2023. (AP)

The US Treasury said on Tuesday it was placing sanctions on Lebanese money exchanger Hassan Moukalled and his business for alleged financial ties to blacklisted group Hezbollah.

Its announcement said Moukalled was a financial adviser to Iranian-backed Hezbollah, which is also designated by the United States, and carried out financial transactions on its behalf that earned him hundreds of thousands of dollars.

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