OFAC DESIGNATES 3 HIZBALLAH-LINKED FINANCIAL FACILITATORS AND THEIR LEBANON-BASED TRAVEL COMPANY

On 18 January, OFAC announced that it had designated Adel Diab, Ali Mohamad Daoun, Jihad Salem Alame, and their company, Dar Al Salam for Travel & Tourism.  It says that Hizballah’s widespread network of financial facilitators has helped the group exploit Lebanon’s financial resources and survive the current economic crisis.  Through businessmen like these, Hizballah gains access to material and financial support through the legitimate commercial sector to fund its acts of terrorism and attempts to destabilise Lebanon’s political institutions. 

https://home.treasury.gov/news/press-releases/jy0558

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20220118

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymea3coffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: