US Sanctions Lebanese Bank for Ties to Hezbollah
The U.S. Treasury Department has sanctioned Lebanese Jammal Trust Bank for “brazenly enabling” the financial activities of Hezbollah, Iran’s proxy in Lebanon. Washington on Thursday accused the bank of “support and services to Hezbollah’s Executive Council and the Martyrs Foundation, which funnel money to the families of suicide bombers.” Treasury also targeted individuals in Oman who allegedly act as middlemen to funnel cash from Iran’s elite Quds Force to Hamas in Gaza. The Oman-based financiers “funneled tens of millions of dollars … to Hamas for terrorist attacks originating from the Gaza Strip,” Sigal Mandelker, undersecretary for terrorism and financial intelligence, …