President Joe Biden unveiled a framework for his tax and social spending plan the White House said totaled $1.75 trillion in an effort to push lawmakers toward a deal he said could make or break their political futures. But House progressives maintained they wouldn’t vote for the bipartisan infrastructure package before they are assured the…
By Timour Azhari BEIRUT (Reuters) -The U.S. Treasury has imposed sanctions on two top Lebanese contractors and a lawmaker close to the Hezbollah movement over alleged large-scale corruption that undermined the rule of law in Lebanon. Businessmen Jihad al-Arab and Dany Khoury, close to former Lebanese Prime Minister Saad al-Hariri and Christian politician Gebran Bassil respectively, were sanctioned on Thursday for alleged corruption related to state contracts. Lawmaker Jamil Sayyed was sanctioned for allegedly seeking to skirt domestic banking policies and regulations and transfer $120 million abroad, presumably to enrich himself and his associates, a Treasury statement said. The allegations come amid an unprecedented economic crisis in Lebanon blamed on years of bad policies and corruption by the ruling elite that the United Nations says has left three-quarters of the population affected by poverty. Sayyed did not directly deny allegations he had skirted banking regulations with a $120
The US Treasury s Office of Foreign Assets Control (OFAC) on Thursday sanctioned three Lebanese individuals for involvement in corruption in Lebanon. The designated individuals are two businessmen, Ji.
Griffiths: Sanctions aim at limiting corruption in Lebanon - Lebanon lbcgroup.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lbcgroup.tv Daily Mail and Mail on Sunday newspapers.