Trump Admin Sanctions Hezbollah Terror Network in Blow to Iranian-Backed Group

Washington Free Beacon | 8/30/2019 | Adam Kredo
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The Trump administration on Thursday issued a new batch of sanctions on the Lebanese terror group Hezbollah in the latest salvo aimed at disrupting the Iranian-backed organization's illicit funding and weapons networks, according to information provided by the State and Treasury Departments.

As Iran continues to ratchet up regional support for terror groups that have attacked American and allied forces, the Trump administration is moving to disrupt these terror groups by hitting them in their pocketbooks. The latest sanctions target Lebanon's Jammal Trust Bank SAL, which the Trump administration has identified as providing "illicit financial and banking activities" for Hezbollah.

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The Trump administration has walked a tricky diplomatic line with Lebanon as it seeks to support the country's legitimate military forces while attempting to ensure money and military hardware does not make its way to Hezbollah operatives, who have bragged in the past about siphoning American weapons from the Lebanese Armed Forces.

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Hezbollah continues to keep an overwhelming grip on Lebanon's economy, government, and military, making it all the more difficult for the international community to work with the country's government.

"Today's designation reflects our determination to counter Hezbollah's terrorist and illicit activities in Lebanon," Secretary of State Mike Pompeo said in a statement accompanying the sanctions. "We will continue to target individuals and entities involved in financing and providing support to Hezbollah while working closely with the Central Bank of Lebanon and other Lebanese institutions which work to preserve the integrity and stability of Lebanon's banking system."

Jammal - Trust - Bank - Relationship - Hezbollah

The Jammal Trust Bank "has a longstanding relationship with a key Hezbollah financial entity and provides financial services to the Martyrs Foundation and companies controlled by Hezbollah's Executive Council," according to Pompeo, who said the financial institution's "misconduct undermines the integrity of the Lebanese financial system."

While Hezbollah...
(Excerpt) Read more at: Washington Free Beacon
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