US TREASURY SANCTIONS HIZBALLAH FINANCIERS IN GUINEA

On 4 March, OFAC designated 2 Lebanese in Guinea, said to be 2 key Hizballah financiers operating in Guinea.  This action is aimed at disrupting Hizballah’s business network in West Africa, which relies on bribery and influence to circumvent the rule of law.  In addition to other sources of funding, Hizballah generates revenue from commercial activities across the world to sponsor acts of terrorism.

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20220304

https://home.treasury.gov/news/press-releases/jy0631

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: