Targeting Hizballah Sanctions Evasion Network

0
627
Antony John Blinken
Antony John Blinken
0 0
Azadi Ka Amrit Mahoutsav

InterServer Web Hosting and VPS
Read Time:1 Minute, 1 Second

Targeting Hizballah Sanctions Evasion Network
The USA,18 April 2023

Antony J. Blinken, Secretary of State

Today, the Department of State and the Department of Treasury are taking actions against a global sanctions evasion network that facilitates the payment, shipment, and delivery of cash, art, and luxury goods for the benefit of Hizballah financier and Specially Designated Global Terrorist Nazem Said Ahmad. The Treasury Department is designating this network and the State Department is re-advertising its reward offer of up to $10 million for information on Hizballah’s financial mechanisms, including Ahmad.

These actions are being coordinated among the Departments of State, the Treasury, Justice, Homeland Security, and Commerce, as well as with the United Kingdom, to target on elements of the network. Today’s actions highlight the tactics used by sanctions evaders, trade-based money launderers, and supporters of terrorism, as well as the risks of conducting business in permissive industries, such as the art, diamond, and precious gems markets. We will continue to hold accountable those who would seek to harm the United States and our partners.

Today’s action is being taken pursuant to Executive Order 13224, as amended. For more information about this designation, please see the Department of the Treasury’s press release.

About Post Author

Editor Desk

Antara Tripathy M.Sc., B.Ed. by qualification and bring 15 years of media reporting experience.. Coverred many illustarted events like, G20, ICC,MCCI,British High Commission, Bangladesh etc. She took over from the founder Editor of IBG NEWS Suman Munshi (15/Mar/2012- 09/Aug/2018 and October 2020 to 13 June 2023).
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Advertisements

USD





LEAVE A REPLY

Please enter your comment!
Please enter your name here