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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.

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