Trump increases sanctions on Iran's terrorist proxy, Hezballah
Washington Free Beacon:
The Trump administration on Thursday issued a new batch of sanctions on the Lebanese terror group Hezbollah in the latest salvo aimed at disrupting the Iranian-backed organization's illicit funding and weapons networks, according to information provided by the State and Treasury Departments.Hezballah should be destroyed. The group first came to light when they were behind the murder of Marines on a peacekeeping mission in Lebanon during the Reagan administration. They have been at war with Israel and have been in continuous violation of UN resolutions. They were recently caught planning attacks on Israel and have threatened more.
As Iran continues to ratchet up regional support for terror groups that have attacked American and allied forces, the Trump administration is moving to disrupt these terror groups by hitting them in their pocketbooks. The latest sanctions target Lebanon's Jammal Trust Bank SAL, which the Trump administration has identified as providing "illicit financial and banking activities" for Hezbollah.
While Hezbollah was officially designated by the United States as a terrorist group in 1997, it has continued to receive great amounts of funding from Iran and its allies in the Lebanese financial community.
The targeting of Jammal Trust Bank with sanctions will cut off a key source of the group's funding, according to the Treasury Department.
"Hezbollah has used accounts at Jammal Trust to pay its operatives and their families, and Jammal Trust has actively attempted to conceal its banking relationship with numerous wholly-owned Martyrs Foundation subsidiaries," according to information provided by the Treasury Department.