The U.S. Treasury Department on Friday sanctioned five individuals and three companies allegedly involved in a Lebanon-based sanctions evasion network supporting Hezbollah.
“Today’s action underscores Treasury’s determination to expose and disrupt the schemes that fund Hezbollah’s terrorist violence against the Lebanese people and their neighbors,” Acting Under Secretary of the Treasury for Terrorism and Financial Intelligence Bradley Smith said in a release.
“These evasion networks strengthen Iran and its proxy Hezbollah and undermine the courageous efforts of the Lebanese people to build a Lebanon for all its citizens.”
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