US sanctions against seven Lebanese linked to Hezbollah

The US Treasury’s Office of Foreign Assets Control (OFAC) has listed seven individuals associated with Hezbollah and its financial company, Al-Qard al-Hassan, listed by the Office of Foreign Assets Control in 2007 and used by Hezbollah as a cover to manage the terrorist group’s financial activities and access the international financial system.

A statement issued by the US Treasury indicated that Ibrahim Ali Daher is the head of the central financial unit of Hezbollah, which oversees the budget and public spending of Hezbollah, including the group’s financing of its terrorist operations and the killing of its opponents.

The statement indicated that the other six individuals listed, namely Ahmed Muhammad Yazbek, Abbas Hassan Gharib, Wahid Mahmoud Sbeity, Mustafa Habib Harb, Izzat Youssef Aker and Hassan Shehadeh Othman, were used to cover personal accounts in some Lebanese banks, including Jamal Trust Bank, classified by the United States, to evade sanctions. Which targets Qard Hassan and the transfer of nearly half a billion dollars on behalf of this institution.

“From the highest levels of Hizballah’s financial apparatus to personnel,” said Andrea Gaki, director of the Office of Foreign Assets Control. “The party continues to misuse the Lebanese financial sector and deplete Lebanon’s financial resources at an already difficult time.” She added, “Such actions demonstrate Hezbollah’s indifference to financial stability, transparency and accountability in Lebanon.”

The US Treasury Department revealed that “while the Al-Qard Al-Hassan Foundation claims to serve the Lebanese people, it is practically transferring money illegally through fake accounts and facilitators, which exposes Lebanese financial institutions to possible penalties.”

She pointed out that “Al-Qard Al-Hassan Foundation disguises itself as a non-governmental organization under a license granted by the Ministry of Interior and provides banking services to support Hezbollah while evading the appropriate license and regulatory oversight.”

She added, “By saving hard currency, which the Lebanese economy badly needs, the” good loan “allows Hezbollah to build its own support base and undermine the stability of the Lebanese state.

The Treasury Department clarified that Al-Qard Al-Hassan Foundation has played a major role in Hezbollah’s financial infrastructure over the years, spared the entities and individuals associated with the party from sanctions, and maintained bank accounts by re-registering them in the names of senior Qard Hassan officials, including under certain names whose members were classified from Before the Treasury Department Tuesday.

The “Al-Qard Al-Hassan” Foundation is covering up under the guise of a “non-governmental organization” to benefit from the license of the Ministry of Interior, but it provides services to support Hezbollah.

By saving the hard currency needed by the Lebanese economy, this mechanism allows Hezbollah to build its own support base and undermine the stability of the Lebanese state, according to the US Treasury statement.

The following are details and information about the individuals involved in the US sanctions:

Ibrahim Ali Daher

He was born on the fourth of July 1964 in the town of Bled, in the district of Marjayoun, in the Nabatiyeh Governorate, in southern Lebanon.

Daher lives in the Dakash neighborhood, in Haret Hreik, the Hezbollah stronghold in the southern suburbs of Beirut.

It is classified according to the Executive Order for having acted or acted for or on behalf of Hezbollah, directly or indirectly.

Daher leads Hezbollah’s central financial unit, which oversees the receipt of Hezbollah’s global income, and is responsible for managing and reviewing the budgets of all Hezbollah units and departments, including coordinating payments for all Hezbollah members.

“Daher has been a key figure in Hezbollah’s financial infrastructure for more than a decade,” the US Treasury statement said.

Izzat Youssef Aker

Izzat Youssef was born on November 1, 1976, and resides in the town of Khayyam in the Nabatiyeh Governorate, in southern Lebanon.

Ezzat Youssef is affiliated with Al-Qard Al-Hassan Association, and according to the sanctions list, he is subject to secondary penalties related to his involvement in the aforementioned financial institution.

Mustafa Habib Harb

He was born on the sixth of August of the year 1973 in the town of Tayr Harfa, in the district of Tire, in southern Lebanon, and he resides there until now.

Mustafa Habib is subject to secondary sanctions according to Hezbollah’s Financial Sanctions Regulations.

Hassan Shehadeh Othman

Born on June 29, 1979, in the town of Harouf in the Nabatiyeh Governorate, in southern Lebanon.

Harb, Akkar, and Othman each have “shadow accounts” through which transactions are conducted on behalf of Hezbollah.

Waheed Mahmoud Sbeity

Born on February 23, 1961, of Lebanese nationality as well, affiliated with Hezbollah, Waheed Mahmoud lives in Baalbek, eastern Lebanon.

Spiti was involved in conducting transactions through “shadow accounts” on behalf of Hizballah, and previously played a similar role in maintaining bank accounts in his name alongside other senior officials at Bayt al-Mal.

The Hezbollah-affiliated House of Money, along with the central financial unit, served as Hezbollah’s finance ministry.

Ahmed Mohamed Yazbek

Date of birth 01 December 1971; Nationality Lebanon, resides in the town of Kafr Sir in the Nabatiyeh Governorate, in southern Lebanon.

Wazbek is the Financial Director of Qard Hassan

Abbas Hassan Gharib

He was born on September 25, 1969 in the town of Tayr Harfa in Tire district, southern Lebanon, and Gharib is the director of informatics

Both Yazbak and Gharib own several “shadow accounts” through which transactions are conducted on behalf of Hezbollah.

Hezbollah was designated by the US State Department as a terrorist organization on October 31, 2001, while Al-Qard Al-Hassan was designated on July 24, 2007 as well, for being owned or under the control of Hezbollah and providing support to it.

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