World News | US Hits Hezbollah Accountants with Terrorism Sanctions

Get latest articles and stories on World at LatestLY. The Biden administration on Thursday slapped terrorism sanctions on two accountants and two companies in Lebanon for providing the militant group Hezbollah with financial services.

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Washington, Dec 2 (AP) The Biden administration on Thursday slapped terrorism sanctions on two accountants and two companies in Lebanon for providing the militant group Hezbollah with financial services.

The Treasury Department announced it would also impose sanctions on a third person for assisting Hezbollah, a US-designated “foreign terrorist organisation,” with weapons acquisitions.

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The penalties target Adel Mohamad Mansour, executive director of Hezbollah's al-Qard Al-Hassan group, which has been previously sanctioned by the US, as well as another company he is involved with, al-Khobara for Accounting, Auditing, and Studies.

The sanctions also apply to the firm Auditors for Accounting and Auditing and one of its representatives, Naser Hasan Neser, as well as Hassan Khalil, who Treasury said has been active in helping Hezbollah acquire arms.

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“The individuals and companies being designated today have enabled Hezbollah's financial apparatus operating throughout Lebanon,” Treasury said in a statement. “Their public personae as financial professionals and institutions is just another way Hezbollah hides its abuse of the financial system to support its destabilizing agenda.”

Mansour downplayed the impact of the sanctions.

“I am proud and this is a medal of honor for me,” he told The Associated Press by telephone in Beirut.

“I don't care about this at all. Since I joined this line (Hezbollah) I have been expecting anything,” Mansour said. He added that al-Qard al-Hassan has been under US sanctions since 2007 and said it has not hindered its work. (AP)

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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