Bank Accused Of Laundering Drug Money For Hezbollah -- MSNBCU.S. car dealerships part of 'mind-boggling' international criminal enterprise, U.S. charges.
The Treasury Department on Thursday blacklisted one of the largest banks in Lebanon, accusing it of being part of what one official calls a “mind-boggling” international criminal enterprise that is laundering hundreds of millions of dollar in illegal drug money every year for the benefit of Hezbollah.
The action, which was announced Thursday by Undersecretary of Treasury Stuart Levey, is the latest development in a four-year investigation that officials say has uncovered links between one of Colombia’s biggest drug traffickers, top leaders of Hezbollah and the Iranian government.
Read more ....
More News On U.S. Sanctions On The Lebanese Canadian Bank SAL
US declares Lebanese bank a major money launderer -- AP
US ties Lebanese bank to money laundering, Hezbollah -- AFP
Lebanese Bank Is Accused of Money Laundering -- New York Times
U.S. Sanctions Lebanese Bank -- Wall Street Journal
My Comment: This is going to hurt them .... the U.S. is now targeting their pocketbook.
No comments:
Post a Comment