On 11 May, OFAC advised that 7 Lebanese individuals to its SDN list. In addition, the entry for Vladimir Nikolaevich PAVLENKO, Minister of State Security of the so-called Donetsk People’s Republic, has been amended. 9 individuals and 5 entities on the Syrian sanctions lists have been deleted. The Lebanese names are sanctioned for their involvement in connection with Hizballah and its financial firm, Al-Qard al-Hassan (AQAH). AQAH, which was designated by OFAC in 2007, and is used by Hizballah as a cover to manage the terrorist group’s financial activities and gain access to the international financial system. Others are designated for having used the cover of personal accounts at certain Lebanese banks, including US-designated Jammal Trust Bank (JTB), to evade sanctions.
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