The U.S. Treasury Department has accused a prominent Lebanese diamond dealer and a Congo-based money launderer of funneling tens of millions of dollars to the Lebanese militia, Hezbollah, and buying high-end art works to evade sanctions.
U.S. officials accused seven Lebanese men Tuesday of using their affiliation with several domestic banks and a nonprofit group to give Hezbollah, a blacklisted Shi'ite militia and political organization, access to the global financial system.
The U.S. Treasury Department issued a press release announcing the designation of members of a Lebanese and Kuwaiti network of financial conduits that fund Hizballah.
September 17, 2021
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