United States sanctions two of Hezbollah’s construction companies. Both are related to Jihad al-Bina, a major association in Hezbollah’s civilian infrastructure
On September 17, 2020, the US Department of the Treasury imposed sanctions on two Lebanese companies, Arch Consulting and Meamar Construction. According to the US Department of the Treasury, this is because these companies are owned, controlled or directed by Hezbollah. In addition to these two companies, sanctions were also imposed on Sultan Khalifah As’ad, a Hezbollah Executive Council official who is closely associated with both companies (US Department of the Treasury website, September 17, 2020).
Read more...