US places sanctions on 10 people over alleged Hezbollah cash-smuggling ring
The US Treasury Department has sanctioned 10 individuals accused of operating a courier network that smuggled millions of dollars in cash to Hezbollah. The network allegedly used commercial flights and shell companies to bypass international banking sanctions.
Why it matters
This action targets the financial infrastructure of a militant group designated as a terrorist organization by the US, aiming to disrupt its funding streams.
Pro-government supporters shout slogans against Donald Trump beneath a Hezbollah flag and portraits of Iran's late supreme leader Ayatollah Ali Khamenei during his funeral in Tehran, Iran, on 6 July. Pro-government supporters shout slogans against Donald Trump beneath a Hezbollah flag and portraits of Iran's late supreme leader Ayatollah Ali Khamenei during his funeral in Tehran, Iran, on 6 July. US foreign policy US places sanctions on 10 people over alleged Hezbollah cash-smuggling ring Courier network carried millions of dollars in cash to Lebanon on commercial flights, treasury department says
Prefer the Guardian on Google The US treasury department announced sanctions on Thursday against 10 people it says formed a courier network that smuggled hundreds of millions of dollars to Hezbollah by carrying cash onboard commercial flights between Iran, Turkey, the United Arab Emirates and Lebanon.
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