U.S. Sanctions Hezbollah-Linked Lebanese Officials, Expands Crackdown on Financial Network

The United States on Thursday imposed sanctions on two Hezbollah-linked Lebanese figures and expanded measures targeting what it described as a multinational financial and commercial network that generates revenue for the Iran-backed group, saying the action is aimed at increasing pressure on Hezbollah and those accused of undermining Lebanon's stability.

The sanctions, announced by the U.S. Treasury Department's Office of Foreign Assets Control (OFAC), target Marada Movement leader Sleiman Frangieh, Hezbollah Political Council Deputy Chairman Mahmoud Qamati, and a network of companies and individuals linked to Lebanese businessman Alaa Hassan Hamieh.

Treasury officials said the move is part of a broader effort to weaken Hezbollah's financial infrastructure and support ongoing efforts to promote stability in Lebanon.

"Hezbollah must disarm for Lebanon to achieve a secure and prosperous future," U.S. Treasury Secretary Scott Bessent said in a statement. "Treasury will continue to target Hezbollah's financial networks and hold accountable those who enable the group to undermine the Lebanese state and threaten prospects for lasting peace."

The measures were imposed under Executive Order 13224, the U.S. government's counterterrorism authority. Washington designated Hezbollah as a Specially Designated Global Terrorist organization in 2001 and as a Foreign Terrorist Organization in 1997.

Lebanese figures targeted

According to the Treasury Department, Hezbollah relies on a network of political and security figures to maintain influence throughout Lebanon's political system.

Treasury accused Frangieh, the leader of the Marada Movement and a long-time ally of Hezbollah, of using his relationship with the group to advance his political ambitions.

U.S. officials alleged that Frangieh accepted financial support from Hezbollah in exchange for backing efforts aimed at challenging parliamentary seats held by reformist and independent lawmakers during Lebanese elections.

The Treasury Department said Frangieh was sanctioned for allegedly providing material, financial, or other forms of support to Hezbollah.

Qamati, a senior Hezbollah political official, was sanctioned on accusations that he coordinates the smuggling of cash from Iran to Hezbollah and promotes the group's interests within Lebanon.

Treasury said he was designated for acting on behalf of Hezbollah.

Expansion of Hezbollah financing sanctions

The sanctions also significantly broaden earlier measures announced in March against businessman Alaa Hamieh and companies allegedly tied to Hezbollah's financial operations.

According to Treasury, Hamieh and already-sanctioned businessman Bahaa Addin Hashem jointly own Lebanon-based Globe Technology Providers SARL, described by U.S. authorities as the technical arm of the Syria-based Al-Ahd Company for Trade and Investment, which Washington says is linked to Hezbollah.

Treasury alleged that in early 2024, Hezbollah finance official Muhammad Al-Bazzal played a key role in securing contracts between Globe SARL and the government of former Syrian President Bashar al-Assad.

Under those arrangements, U.S. officials said, equipment was supplied and operated through contracts worth nearly $10 million.

The department alleged that profits from those projects were distributed among Hezbollah-controlled entities, including Talaqi Group, Al-Ahd Company, and Globe SARL, which it said manages several other projects that generate revenue for Hezbollah's finance apparatus.

Treasury also said Hamieh controls Oman-based Globe International SPC, a subsidiary of Globe SARL whose bank accounts were allegedly used to process hundreds of thousands of dollars in payments connected to Hezbollah projects and previously sanctioned companies.

In addition, Treasury said Hamieh, Al-Bazzal, and Maya Boustany collaborated in July 2025 to establish an Iraqi company known as Al-Shafa Administrative Services Limited, which was presented as an insurance management services company.

The company was reportedly headed by Wael Costanteen, an employee of Hamieh.

U.S. officials also targeted Lebanon-based Tyke SAL, a company founded by Hamieh in 2017 and registered for commercial and real estate activities. Treasury said Hamieh's brother, Muhammad Hassan Hamieh, assumed control of the company in 2023 and currently manages its operations.

As part of Thursday's action, OFAC designated Globe SARL, Al-Ahd Company, Al-Shafa Administrative Services Limited, Globe International SPC, Wael Costanteen, and Tyke SAL.

Asset freezes and financial restrictions

The Treasury Department said all property and interests in property belonging to the designated individuals and entities that are located in the United States or controlled by U.S. persons are now blocked.

Any companies owned 50% or more by sanctioned persons are also subject to blocking measures.

The sanctions generally prohibit U.S. individuals and companies from engaging in transactions involving designated persons unless specifically authorized by OFAC.

Treasury warned that violations of U.S. sanctions laws can result in civil or criminal penalties and noted that foreign financial institutions could face secondary sanctions if they knowingly facilitate significant transactions involving designated individuals or entities.

The department added that foreign banks found to be conducting such transactions could face restrictions on maintaining correspondent or payable-through accounts in the United States.

Treasury also encouraged individuals with information about sanctions violations to report it through the Financial Crimes Enforcement Network's whistleblower program, noting that eligible informants may receive financial awards if their information leads to enforcement actions resulting in penalties exceeding $1 million.