The U.S. Treasury Department on Thursday announced sanctions against 10 people who it said are part of a network transferring money to Hezbollah.
This network, the Treasury Department alleged, uses “couriers traveling on commercial flights to and from Lebanon, Turkey, the United Arab Emirates and Iran to move up to hundreds of millions of dollars between jurisdictions,” giving Hezbollah the opportunity to get foreign currency and evade sanctions.
In addition, the Treasury Department “redesignated Hezbollah for service to the Iranian regime under the command of Iran’s Islamic Revolutionary Guard Corps-Qods Force.”
A U.S. official who talked to Reuters anonymously said Hezbollah’s redesignation is meant to show that the group is acting “on behalf of the Iranian government.”
On Wednesday, President Donald Trump said there would be economic consequences for countries that give Iran “any type of lifeline” amid the U.S and Israel’s war against the country.
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