“Hezbollah, with the support of IRGC-QF (Iran’s Quds Force), uses the revenue generated by this network to fund terrorist activities, as well as to perpetuate instability in Lebanon and across the region,” the US Treasury said. Al Arabiya, Saturday (18/9/2021).
At least 13 people were targeted by US sanctions, as the Treasury Department said they had ties to the Lebanese Shia organization Hezbollah and the Quds Force.
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“Hezbollah is increasingly looking for additional sources of income to increase its coffers. We call on governments around the world to take steps to ensure Hezbollah and other terrorist groups do not exploit their territories and financial institutions,” said US Secretary of State Antony Blinken.
The sanctioned Hezbollah supporters are part of a funding ring based in Lebanon and Kuwait that works to support Hezbollah and Iran’s Quds Force.
The network is alleged to have laundered tens of millions of dollars to benefit Hezbollah and the Quds Force.
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According to the US Treasury’s website, the sanctions will also target businessman Morteza Minaye Hashemi, who is suspected of having ties to Iran’s Islamic Revolutionary Guard Corps. Sputnik.