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US is imposing new sanctions aimed at cutting off Hezbollah funding

UNITED STATES (OBSERVATORY) –┬áThe United States on Thursday took fresh measures to clamp down on Lebanese Hezbollah guerrillas, imposing sanctions on one of the group’s financiers and its representative in Iran as well as five in Europe, West Africa and the Middle East.

The US Treasury Department said in a statement that the United States had imposed sanctions on Mohammad Ibrahim Bazzi, Hezbollah’s financier and on the group’s representative in Iran, Abdullah Safi al-Din.

The ministry also said that black energy group Belgium’s Global Trading Group, Africa African Petroleum Products Group, and three Lebanese-based companies were also blacklisted.

“The brutal and evil acts of one of Hezbollah’s most prominent financiers can not be tolerated,” Treasury Secretary Steven Mnuchin said in a statement.

“This administration will expose and dismantle terrorist networks of Hezbollah and Iran everywhere, including those related to the Central Bank of Iran,” he said.

The sanctions come as part of a series of new measures aimed at Iran and Hezbollah since US President Donald Trump withdrew from Iran’s nuclear deal last week.

In one of the toughest crackdowns on Iran’s overseas operations and Iran’s Revolutionary Guards, the United States imposed sanctions on Iran’s central bank governor, Aliullah Saif, earlier this week.

The United States has imposed new sanctions on Hezbollah Secretary General Hassan Nasrallah and his deputy Naim Kassem. Gulf states supported the measures.