US Treasury Department Slaps Sanctions Against Hezbollah-Linked Companies, Top Official

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The US Treasury Department announced that it was slapping sanctions against two Lebanese-based companies for their alleged links to Islamist terrorist organization Hezbollah, Reuters reported on Thursday.

The two businesses blacklisted by the department were named as Arch Consulting and Meamar Construction, and build on sanctions already imposed this month on two former government ministers, according to the outlet.

In addition, sanctions were also levied against Sultan Khalifah As’ad, who the Treasury Department believes is a senior Hezbollah Executive Council official with ties to the two companies.

Read more at i24NEWS.

{Matzav.com}

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