OFAC targets financial networks linked to Hizballah and trafficking of the drug Captagon in Syria

The OFAC has designated three individuals and four companies involved in a Lebanese network that evades sanctions to generate revenue for Hizballah. The OFAC designated three individuals connected to the production and trafficking of Captagon, a highly addictive drug benefiting Bashar al-Assad’s regime and Hizballah. This action, authorized under Executive Order 13224, aims to disrupt financial schemes that fund Hizballah’s operations…