U.S. Treasury sanctions 16 individuals and entities linked to Hezbollah across 6 countries for laundering over $100M to fund the group, warning that any institutions aiding them risk strict U.S. penalties

OFAC is sanctioning a global network of 16 individuals and entities linked to Hezbollah financier Alaa Hassan Hamieh for laundering and diverting over $100 million to finance the group’s terrorist operations, targeting companies in Lebanon, Syria, Poland, Slovenia, Qatar, and Canada that have enabled these schemes; the action underscores U.S. efforts to disrupt financial networks that sustain terrorism and warns that foreign institutions engaging with designated parties may face strict U.S. sanctions…