U.S. Hits Hizbullah Procurement Networks with Sanctions

(Wall Street Journal) Samuel Rubenfeld - The U.S. Department of Treasury said Thursday it placed sanctions on two Hizbullah procurement agents and their companies, and on two companies linked to a third procurement agent, freezing their assets and barring Americans from doing business with them. "Hizbullah is a dangerous, destabilizing terrorist group, and Treasury is determined to maintain maximum pressure on this organization by targeting its many revenue streams," said Adam J. Szubin, acting undersecretary of Treasury for terrorism and financial intelligence.

2015-11-06 00:00:00

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