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US, Gulf Arab states place sanctions on Hezbollah leadership

AFP  |  Washington 

The and six states announced sanctions today on the leadership of Hezbollah, as seeks to step up economic pressure on and its allies in the region.

The US and Saudi-led said the sanctions were aimed at Hezbollah's Shura Council, the powerful Lebanese militia's decision-making council, led by the Shiite group's

Nasrallah, Deputy General Naim Qasim, and three other Shura Council members were listed under the joint sanctions, which aim at freezing vulnerable assets of those named and blocking their access to global

At the same time, the six Gulf members of the TFTC -- Saudi Arabia, Bahrain, Kuwait, Oman, Qatar, and the -- declared sanctions on another nine individuals and firms part of or linked to that were already blacklisted by the

It was the second time the year-old TFTC came together to announce sanctions on groups they call threats to regional peace.

Last October, the group announced joint sanctions on top Islamic State and figures in

"The TFTC again demonstrated its great value to international security by disrupting and Hezbollah's destabilising influence in the region," said in a statement.

"By targeting Hezbollah's Shura Council, our nations collectively rejected the false distinction between a so-called 'Political Wing' and Hezbollah's global terrorist plotting." The move came 10 days after gave a strong showing in Lebanon's elections, garnering enough seats in parliament to block any attempt by its political foes to make it disarm its militia, which rivals the in size and firepower.

The announcement followed two US moves in the past week to put pressure on Iran's financial networks, including sanctions announced yesterday that aimed at an alleged financial pipeline that moved "hundreds of millions of dollars" from through an Iraqi to Hezbollah.

Coming after the withdrew from the nuclear deal on May 8, the Treasury said today's actions are part of a efforts to go after "the totality of Iran's malign activities and regionally destabilising behaviour, including that of Hezbollah.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 17 2018. 07:05 IST
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