US Treasury sanctions individuals for providing financial support to Hezbollah

The US Treasury Department issues sanctions against three individuals and a company it says help finance Hezbollah activities.

The sanctions imposed by the Treasury’s Office of Foreign Assets Control target Adel Diab, Ali Mohamad Daoun, Jihad Salem Alame, and their company, Dar Al Salam for Travel & Tourism.

Hezbollah’s “widespread network of financial facilitators has helped the group exploit Lebanon’s financial resources and survive the current economic crisis,” the Treasury says.

The group, designated as a terror entity by the United States since 2001, uses businessmen to “gain access to material and financial support through the legitimate commercial sector,” says the Treasury, “to fund its acts of terrorism and attempts to destabilize Lebanon’s political institutions.”