Source: Kataeb.org
Friday 2 May 2025 11:08:01
The United States is set to announce a new wave of sanctions targeting Lebanese political and financial figures accused of corruption, financing Hezbollah, and involvement in drug trafficking and money laundering schemes used to support the militant group, a senior Lebanese political source told the Central News Agency.
U.S. officials remain focused on broader governance and security challenges, particularly financial corruption, Hezbollah’s funding networks, and the group’s alleged involvement in drug trafficking and money laundering operations, the source said.
According to the Lebanese political source, an American official confirmed that a new sanctions list will be issued in May, targeting individuals classified into three main categories: politicians implicated in large-scale corruption, financiers tied to Hezbollah’s operations, and individuals involved in narcotics trafficking and money laundering activities that funnel resources back to the group.
The official reportedly said Hezbollah is under growing financial strain due to the closure of key funding channels, particularly in Syria, where economic hardship and international oversight have dried up traditional sources of support. That financial pressure is now being felt within the group’s ranks, with signs that rank-and-file members are bearing the brunt of the cash crunch. As a result, Hezbollah is said to be actively exploring alternative revenue streams, prompting heightened vigilance from U.S. intelligence and financial authorities.
The upcoming sanctions will be issued under the Global Magnitsky Act, a tool that enables the U.S. to freeze assets and impose visa bans on individuals implicated in significant corruption or human rights abuses. The same legislation was used in 2020 to sanction Gebran Bassil, the leader of the Free Patriotic Movement and a key political ally of Hezbollah.