U.S. sanctions two Lebanese businessmen and a member of parliament By Reuters

© Reuters. FILE PHOTO: Gebran Bassil, chief of Lebanon’s largest Christian bloc, the Free Patriotic Motion, gestures as he speaks after a parliamentary session at UNESCO Palace in Beirut, Lebanon October 19, 2021. REUTERS/Issam Abdallah/File Photograph

BEIRUT (Reuters) – The U.S. Treasury on Thursday imposed sanctions on two high Lebanese contractors and a lawmaker near the Hezbollah motion over alleged large-scale corruption that undermined the rule of regulation in Lebanon.

Businessmen Jihad al-Arab and Dany Khoury, near former Lebanese Prime Minister Saad al-Hariri and Christian politician Gebran Bassil respectively, have been sanctioned for alleged corruption associated to state contracts.

Lawmaker Jamil Sayyed was sanctioned for allegedly looking for to “skirt home banking insurance policies and rules” and switch $120 million overseas, “presumably to counterpoint himself and his associates,” a Treasury assertion stated.

Disclaimer: Fusion Media wish to remind you that the information contained on this web site is just not essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs aren’t offered by exchanges however quite by market makers, and so costs will not be correct and should differ from the precise market worth, which means costs are indicative and never acceptable for buying and selling functions. Subsequently Fusion Media doesn`t bear any accountability for any buying and selling losses you may incur because of utilizing this knowledge.

Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or injury because of reliance on the knowledge together with knowledge, quotes, charts and purchase/promote alerts contained inside this web site. Please be absolutely knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding types doable.

Source link


News7h: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button