Tehran 0
29 August 2019

The Treasury Department announced sanctions against “financial facilitators responsible for moving tens of millions of dollars between Iran’s Islamic Revolutionary Guard Corps-Qods Force and Hamas’ operational arm”. In a press statement, Secretary of State Pompeo indicated that “today’s designation reflects our determination to counter Iran’s malign influence and the financial, material, or technological support, or financial or other services to or in support of Hamas”. The Treasury Department also sanctioned Jammal Trust Bank in Lebanon, along with its subsidiaries, asserting that it “knowingly facilitates banking activities for Hizbollah”. Secretary Pompeo said the bank’s “misconduct undermines the integrity of the Lebanese financial system”, adding that “today’s designation deflects our determination to counter Hizbollah’s terrorist and illicit activities in Lebanon”.  Israeli Prime Minister Netanyahu praised “the important decision to impose sanctions on a Lebanese bank that serves as an Iranian financing arm for the Hizbollah terrorist organisation. This is an important step designed to put pressure on Iran and its proxies, which are acting against the State of Israel”.

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