Here’s what we know:
• “This action comes at a time in which the Lebanese economy faces an unprecedented crisis and Hizballah, as part of Lebanon’s government, is blocking economic reforms and inhibiting much-needed change for the Lebanese people,” the US Treasury said in a statement on Tuesday.
• Treasury Under Secretary for Terrorism and Financial Intelligence Brian E. Nelson said that, with this action, “Treasury is disrupting businessmen who raise and launder funds for Hizballah’s destabilizing activities while the Lebanese people face worsening economic and humanitarian crises.”
• According to the statement, the sanctions action would involve blocking “all property and interests in property of the individuals and entity named above, and of any entities that are owned, directly or indirectly 50 percent or more, by them, individually, or with other blocked persons, that are in the United States or in the possession or control of U.S. persons.”
BEIRUT — The US Treasury Department’s Office of Foreign Assets Control (OFAC) said Tuesday it was imposing sanctions on “three Hezbollah-linked financial facilitators,” Adel Diab, Ali Mohamad Daoun, Jihad Salem Alame, and their company, Dar Al Salam for Travel & Tourism. Here’s what we know:• “This action comes at a time in which the Lebanese economy faces an...