US TREASURY DEPARTMENT’S NEWLY ENFORCED SANCTIONS




Mustafa AY – TDO – 05.02.2018 US Treasury Department, on account of reason of financial endorsement to Shia Hezbollah located in Lebanon, imposed sanctions on 6 people and 7 firms. 6 people, who came into the radar of US officials as a result of revealing their clandestine connection with Hezbollah-linked Al-Inmaa Engineering and Contracting firm, were deprived of conducting businesses in the USA and its ally countries. 5 of 6 are from Lebanon while the remaining 1 is from Iraq. As for the companies, US officials surfaced 7 of them’ alleged link with Hezbollah. These companies are conducting their business transactions in Lebanon, Ghana, Liberia and Sierra Leone. They confronted with the heavy sanctions due to the allegation that they supporting Hezbollah.