U.S. Sanctions Hezbollah's Finance Network and Syrian Captagon Traffickers
The Treasury Department targets individuals and companies linked to Hezbollah's funding and Syria's amphetamine trade.
- The U.S. Treasury Department imposed sanctions on three individuals and four Lebanon-based companies for allegedly funding Hezbollah.
- These sanctions target a network accused of generating millions of dollars for Hezbollah through commercial trade and illicit activities.
- Three individuals involved in the production and trafficking of Captagon, a highly addictive amphetamine, were also sanctioned.
- The Treasury Department states that proceeds from Captagon trafficking support both Hezbollah and the Syrian regime of Bashar al-Assad.
- This action is part of ongoing efforts to disrupt Hezbollah’s financial operations amidst heightened Middle East tensions.