Author: alpipac-admin

The following individuals have been added to OFAC’s SDN List: AL-ARAB, Jihad (Arabic: جهاد العرب) (a.k.a. EL ARAB, Jihad; a.k.a. EL ARAB, Jihad Ahmad), France Street Pavilion Building, Villa Jihad el Arab, Downtown Mina el Hosn, Beirut, Lebanon; DOB 06 Jan 1963; POB Beirut, Lebanon; nationality Lebanon; Gender Male; Passport LR0073000 (Lebanon) expires 25 Jul […]

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Gibran Bassil (Bassil), the President of the Free Patriotic Movement (FPM) political party and Member of Parliament (MP), pursuant to Executive Order (E.O.) 13818, for his role in corruption in Lebanon. E.O. 13818, which builds upon and implements the Global Magnitsky […]

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated eight entities for their involvement in the sale and purchase of Iranian petrochemical products brokered by Triliance Petrochemical Co. Ltd. (Triliance), an entity designated by Treasury in January 2020. These entities, based in Iran, China, and Singapore, engaged in transactions facilitated […]

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned former Lebanese government ministers Yusuf Finyanus and Ali Hassan Khalil, who provided material support to Hizballah and engaged in corruption. These designations underscore how some Lebanese politicians have conspired with Hizballah at the expense of the Lebanese people and institutions. The […]

The U.S. Department of the Treasury targeted a key Hizballah support network by designating Hizballah financier and member Ali Youssef Charara and Spectrum Investment Group Holding SAL, a telecommunications company of which Charara is the Chairman and General Manager.  Charara has received millions of dollars from Hizballah to invest in commercial projects that financially support […]