US Sanctions Jammal Trust Bank over Hezbollah Ties

A general view shows a street hosting banks and financial institutions, known as Banks street, in Beirut Central District, Lebanon June 2, 2017. REUTERS/Jamal Saidi
A general view shows a street hosting banks and financial institutions, known as Banks street, in Beirut Central District, Lebanon June 2, 2017. REUTERS/Jamal Saidi
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US Sanctions Jammal Trust Bank over Hezbollah Ties

A general view shows a street hosting banks and financial institutions, known as Banks street, in Beirut Central District, Lebanon June 2, 2017. REUTERS/Jamal Saidi
A general view shows a street hosting banks and financial institutions, known as Banks street, in Beirut Central District, Lebanon June 2, 2017. REUTERS/Jamal Saidi

The United States on Thursday sanctioned Lebanon-based Jammal Trust Bank SAL and its subsidiaries, accusing it of facilitating Hezbollah’s financial activities.

The Treasury’s Office of Foreign Assets Control (OFAC) said “Jammal Trust has a longstanding relationship with a key Hezbollah financial entity and provides financial services to Hezbollah’s Executive Council and the Iran-based Martyrs Foundation.”

The foundation funnels money to the families of suicide bombers, said Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker.

OFAC also designated Jammal Trust’s Lebanon-based subsidiaries Trust Insurance S.A.L., Trust Insurance Services S.A.L., and Trust Life Insurance Company S.A.L., for being owned or controlled by Jammal Trust.

Hezbollah MP Amin Sherri coordinates the party's financial activity at Jammal Trust with the bank’s management, said the Treasury's statement. OFAC designated Sherri last month for acting for or on behalf of Hezbollah.

Separately, the Treasury sanctioned four individuals for moving money from Iran's Revolutionary Guard Corps to Hamas movement through Hezbollah.



SDF Responds to ISIS Attacks in Eastern Syria

Members of the SDF in the Deir Ezzor countryside. (Asharq Al-Awsat file)
Members of the SDF in the Deir Ezzor countryside. (Asharq Al-Awsat file)
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SDF Responds to ISIS Attacks in Eastern Syria

Members of the SDF in the Deir Ezzor countryside. (Asharq Al-Awsat file)
Members of the SDF in the Deir Ezzor countryside. (Asharq Al-Awsat file)

Suspected ISIS cells have escalated their activities in eastern Syria’s Deir Ezzor province, staging a series of attacks on security posts and imposing extortion fees on local residents, sources said on Thursday.

Military, security, and civil sources in northeastern Syria said ISIS remnants launched coordinated assaults in recent days, including a rocket-propelled grenade (RPG) attack on a security center in the town of Diban, marking one of the most intense waves of violence in the area since the start of the year.

“The cells have become increasingly active, with suspicious movements observed following multiple attacks on checkpoints and security facilities,” one local source said. “They are using intimidation tactics and extorting civilians.”

In a statement on Thursday, the Internal Security Forces, known as Asayish, confirmed that one of their centers in Diban, located in the eastern countryside of Deir Ezzor, was attacked late Wednesday night.

“ISIS-affiliated militants on motorbikes launched an RPG and opened fire on our post in Diban,” the statement said.

Although ISIS lost its territorial control in Syria in 2019, sleeper cells continue to operate in remote desert areas, targeting security forces and civilians in ambushes and hit-and-run attacks.

Farhad Shami, head of the Syrian Democratic Forces’ media center, told Asharq Al-Awsat that the Diban attack was one of two coordinated strikes carried out by ISIS-linked cells.

“In the first incident, ISIS fighters used medium-range weapons and rocket-propelled grenades against an Asayish checkpoint in Diban,” Shami said. “Our forces quickly intervened and fought back, forcing the cell to withdraw.”

In a second attack, militants targeted an SDF military vehicle in the nearby town of Jadid Akidat, also in eastern Deir Ezzor, firing an RPG and small-arms rounds at the patrol, Shami said.

“The response was immediate. Our units unleashed heavy fire on the attackers, compelling them to retreat, leaving several of their members wounded,” he added.

A United Nations report published in July last year estimated the number of ISIS fighters in Syria at between 3,000 and 5,000, many of whom are believed to be hiding in the rugged terrain between Syria and Iraq.

The group's enduring presence has raised concerns among regional authorities and international observers about a potential resurgence, particularly in areas where security forces are stretched thin.