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US, Saudi Arabia blacklist Hezbollah members, financiers

WASHINGTON: The United States and Saudi Arabia Thursday imposed sanctions on alleged Hezbollah members and financial backers, accusing them of funneling money to the Lebanese militant group or engaging in terrorism. The US Treasury Department said it targeted four individuals and one company, effectively freezing their US assets and blocking any transactions with them, while also announcing related action by Saudi Arabia. In a related action, the US State Department also blacklisted alleged Hezbollah commander Haytham Ali Tabatabai, alias Abu Ali al-Tabatabai, the Treasury Department said in a statement. The State Department declared Hezbollah a terrorist organisation in 1997 and long-standing US efforts have sought to disrupt the organization’s funding. Founded in the 1980s in Lebanon, the Shia militant organisation and political party has provided military support to President Bashar al-Assad in the Syrian conflict, and American officials blame it for attacks stretching back to the 1980s.–Agencies

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