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New US sanctions against Hezbollah finanancial arm
The Treasury said six of the seven sanctioned were the group’s “shadow bankers”. The seventh sanctioned person is one of Hezbollah’s chief financial executives.
Wednesday 12/05/2021
A file picture shows members of the militant movement Hezbollah holding a military parade in the town of Riyaq in Lebanon’s Bekaa Valley. (AFP)
BEIRUT--The US Treasury Department on Tuesday imposed new sanctions on seven Lebanese linked to the militant Iran-backed Hezbollah group and its financial arm.
The measures are the latest against Hezbollah, which Washington considers a terrorist group and has targeted with penalties for years.

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