US sanctions Lebanese businessmen for alleged support of Hezbollah Dec 15, 2019 0 145 12345 DPAWashingtonThe United States on Friday sanctioned a prominent Lebanese art collector and an associate for allegedly funnelling tens of millions of dollars to the pro-Iranian Hezbollah movement through money laundering schemes.The US Treasury Department identified the two men as Nazem Ahmad, based in Lebanon, and Saleh Assi, an associate of Ahmad based in the Democratic Republic of Congo (DRC).The department described Ahmad as one of Hezbollah’s top donors and said he owns an art collection worth tens of millions of dollars with works by Pablo Picasso and Andy Warhol. It accused Assi of laundering money through Ahmad’s diamond businesses. The sanctions also affect 17 affiliated entities.“Hezbollah continues to use seemingly legitimate businesses as front companies to raise and launder funds in countries like the DRC where it can use bribery and political connections to secure unfair market access and evade taxes,” said Treasury Secretary Steven Mnuchin.US Secretary of State Mike Pompeo said in a statement Ahmad and Assi’s activity represented years in which they concealed their revenue from the Lebanese government through money laundering, trafficking in conflict diamonds and tax evasion.“The United States strongly supports the Lebanese people’s demands for reform and an end to corruption,” he said.The sanctions come as the Lebanese people demand reform and an end to corruption. The country has been gripped by street protests since mid-October. RELATED ARTICLES 400 arrested in protests against Algerian election, rights group says Dec 15, 2019 0 554 Sudan’s court finds Bashir guilty on corruption charges Dec 15, 2019 0 447 Iraqi supporters of pro-Iran group protest US sanctions Dec 15, 2019 0 971 UN condemns execution of 4 aid workers in Nigeria Johannesburg: The United Nations has condemned the reported killing of four Action Against Hunger aid workers who had been held hostage in Nigeria by suspected fighters of Islamic State West Africa Province (ISWAP). “I .. Five teenagers arrested over man’s death in Hong Kong protests Hong KONG: Five Hong Kong teenagers have been arrested in connection with the death of a man hit on the head by a brick during clashes between pro- and anti-government protesters last month, police said on Saturday. The .. North Korea conducts ‘crucial test’ at Sohae satellite launch site AFP Seoul North Korea has conducted another “crucial test” at its Sohae satellite launch site, state media reported on Saturday, as nuclear negotiations between Pyongyang and Washington remain stalled with a deadline .. 7 killed, 32 injured in two major road accidents in S Korea Seoul: At least seven people have been killed and another 32 injured in two major traffic pile-ups in South Korea, the South Korean news agency Yonhap reported on Saturday. The first crash occurred early Saturday when .. 17 killed in eastern Congo attacks: Army Bunia: Seventeen people have died in three attacks in eastern Democratic Republic of Congo hit by chronic unrest, the army and local observers said on Friday. Two of the attacks in Ituri province were attributed to the ..