Treasury targets Hizballah officials
The Treasury Department reports that OFAC designated on Tuesday three Hizballah political and security figures leveraging their privileged positions to facilitate Hizballah’s malign agenda and do Iran’s bidding. Specifically, OFAC designated Hizballah Members of Parliament Amin Sherri and Muhammad Hasan Ra’d, and Hizballah security official Wafiq Safa, for acting for or on behalf of Hizballah. These individuals were designated under Executive Order 13224, which targets terrorists and those providing support to terrorists or acts of terrorism.
As a result of Tuesday’s action, all property and interests in property of these targets that are in the United States or in the possession or control of U.S. persons must be blocked and reported to OFAC. For identification details, see BankersOnline's OFAC Update.