US Slaps Sanctions on Lebanon’s FPM Leader Bassil over Corruption

FILE PHOTO: Gebran Bassil, a Lebanese politician and head of the Free Patriotic movement, talks during an interview with Reuters in Sin-el-fil, Lebanon July 7, 2020. REUTERS/Mohamed Azakir/File Photo
FILE PHOTO: Gebran Bassil, a Lebanese politician and head of the Free Patriotic movement, talks during an interview with Reuters in Sin-el-fil, Lebanon July 7, 2020. REUTERS/Mohamed Azakir/File Photo
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US Slaps Sanctions on Lebanon’s FPM Leader Bassil over Corruption

FILE PHOTO: Gebran Bassil, a Lebanese politician and head of the Free Patriotic movement, talks during an interview with Reuters in Sin-el-fil, Lebanon July 7, 2020. REUTERS/Mohamed Azakir/File Photo
FILE PHOTO: Gebran Bassil, a Lebanese politician and head of the Free Patriotic movement, talks during an interview with Reuters in Sin-el-fil, Lebanon July 7, 2020. REUTERS/Mohamed Azakir/File Photo

The US Treasury announced sanctions against Lebanon's former energy and foreign affairs minister Gebran Bassil on Friday, saying he is behind corruption involving billions of dollars that has left the country's economy in shambles.

The sanctions are the first against a high-ranking ally of the Hezbollah party which has long been targeted by US sanctions and is blacklisted as a "terrorist" organization

Bassil's designation was widely seen in Lebanon as part of a stepped up US campaign against the Iran-backed Hezbollah, which holds seats in Lebanon's parliament and government.

"The systemic corruption in Lebanon's political system exemplified by Bassil has helped to erode the foundation of an effective government that serves the Lebanese people," said Treasury Secretary Steven Mnuchin in a statement.

"This designation further demonstrates that the United States supports the Lebanese people in their continued calls for reform and accountability."

Bassil, the son-in-law of Lebanese President Michel Aoun and head of the Free Patriotic Movement (FPM) party founded by Aoun, is often dubbed by many the "shadow president".

He was a main target of a nation-wide protest movement that started in October 2019 demanding the removal of politicians deemed inept and corrupt.

Activists believe he is behind many shady state dealings, especially during his time at the head of the energy ministry between 2009 and 2014.

Bassil, however, has repeatedly denied the accusations against him, insisting that his party is at the forefront of efforts to root out corruption from Lebanon.

On Friday he took to Twitter following the US decision saying "sanctions didn't scare me and promises didn't tempt me".

"I will not turn against any Lebanese national... and I’m not saving myself to destroy Lebanon," he added.

"I have grown accustomed to injustice."

'Front companies'

The US sanctions announcement cited Lebanon's ongoing electricity and garbage crises as results of deep corruption in government and said Bassil was "at the forefront" of graft in the country.

But it did not offer any specific details of the allegations.

"In 2017, Bassil strengthened his political base by appointing friends to positions and purchasing other forms of influence within Lebanese political circles," the Treasury said.

"In 2014, while Minister of Energy, Bassil was involved in approving several projects that would have steered Lebanese government funds to individuals close to him through a group of front companies."

"Bassil has repeatedly used his influence to stall government formation efforts, most recently in the current process, which has further delayed any chance of Lebanon pursuing meaningful economic reform," a senior government official said.

"With today's action, we encourage Lebanon to form a government that excludes politicians known to have engaged in corruption and to pursue meaningful economic reform."

However, the official insisted that the action Friday had "nothing to do" with the US election or attempts to form a government in Lebanon.

Friday's sanctions announcement seeks to freeze any of Bassil's assets under US jurisdiction and prevent him from accessing the global financial system.

It came as the United States, as well as former colonial power France, press for a new government in Lebanon to push urgent reforms.



Türkiye, Hamas Discuss Gaza Ceasefire Deal’s Second Phase, Turkish Source Says

Palestinian children play next to tents in a makeshift camp for displaced people set up on the beach in Gaza City, Tuesday, Dec. 16, 2025. (AP)
Palestinian children play next to tents in a makeshift camp for displaced people set up on the beach in Gaza City, Tuesday, Dec. 16, 2025. (AP)
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Türkiye, Hamas Discuss Gaza Ceasefire Deal’s Second Phase, Turkish Source Says

Palestinian children play next to tents in a makeshift camp for displaced people set up on the beach in Gaza City, Tuesday, Dec. 16, 2025. (AP)
Palestinian children play next to tents in a makeshift camp for displaced people set up on the beach in Gaza City, Tuesday, Dec. 16, 2025. (AP)

Turkish Foreign Minister Hakan Fidan on Wednesday ​met with Hamas political bureau officials in Ankara to discuss the ceasefire in Gaza and advancing the ‌agreement to ‌its ‌second ⁠phase, ​a ‌Turkish Foreign Ministry source said according to Reuters.

The source said the Hamas officials told Fidan that they had fulfilled ⁠their requirements as ‌part of the ‍ceasefire ‍deal, but that Israel's ‍continued targeting of Gaza aimed to prevent the agreement from ​moving to the next phase.

The Hamas members ⁠also said humanitarian aid entering Gaza was not sufficient, and that goods like medication, equipment for housing, and fuel were needed, the source ‌added.


Israel Says It Killed Hamas Financial Officer in Gaza

Buildings destroyed during Israeli ground and air operations stand in the Gaza Strip, as seen from southern Israel, Thursday, Dec. 18, 2025. (AP)
Buildings destroyed during Israeli ground and air operations stand in the Gaza Strip, as seen from southern Israel, Thursday, Dec. 18, 2025. (AP)
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Israel Says It Killed Hamas Financial Officer in Gaza

Buildings destroyed during Israeli ground and air operations stand in the Gaza Strip, as seen from southern Israel, Thursday, Dec. 18, 2025. (AP)
Buildings destroyed during Israeli ground and air operations stand in the Gaza Strip, as seen from southern Israel, Thursday, Dec. 18, 2025. (AP)

The Israeli army said Wednesday that it had identified a Hamas financial official it killed two weeks ago in a strike in the Gaza Strip.

Abdel Hay Zaqut, a financial official in Hamas's armed wing, on December 13 in the same strike that killed military commander Raed Saad, seen by Israel as one of the architects of Hamas's October 7, 2023 attack.

The Israeli army's Arabic-language spokesperson, Avichay Adraee, said on Wednesday that Zaqut was killed while he was in a vehicle alongside Raed Saad in "a joint operation by the Israeli army and the Shin Bet", Israel's internal security agency.

Zaqut "belonged to the financial department of the armed wing" of Hamas, Adraee wrote on X.

"Over the past year, Zaqut was responsible for collecting and transferring tens of millions of dollars to Hamas's armed wing with the aim of continuing the fight against the State of Israel," he said.

Hamas's leader for the Gaza Strip, Khalil al-Hayya, confirmed on December 14 the death of Saad and "his companions", though he did not name Zaqut.

The Israeli army said Saad headed the weapons production headquarters of Hamas's military wing and oversaw the group's build-up of capabilities.

Since October 10, a fragile truce has been in force in the Gaza Strip, although Israel and Hamas accuse each other of violations.

The war began with Hamas's 2023 attack on Israel, which resulted in the deaths of more than 1,200 people, most of them civilians, according to an AFP tally based on official figures.

Israel's retaliatory campaign has killed more than 70,000 people in the Gaza Strip, according to the health ministry in the Hamas-run territory, a figure the UN deems is credible.


Lebanon Central Bank Governor Expresses Reservations Over Draft Law on Deposit Recovery

 Lebanese Prime Minister Nawaf Salam heads a cabinet meeting in Beirut, Lebanon December 23, 2025. (Reuters)
Lebanese Prime Minister Nawaf Salam heads a cabinet meeting in Beirut, Lebanon December 23, 2025. (Reuters)
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Lebanon Central Bank Governor Expresses Reservations Over Draft Law on Deposit Recovery

 Lebanese Prime Minister Nawaf Salam heads a cabinet meeting in Beirut, Lebanon December 23, 2025. (Reuters)
Lebanese Prime Minister Nawaf Salam heads a cabinet meeting in Beirut, Lebanon December 23, 2025. (Reuters)

Lebanon’s Central Bank governor has expressed some reservations over a draft law allowing depositors to gradually recover funds ​frozen in the banking system since a financial collapse in 2019, a move critical to reviving the economy.

Karim Souaid described the proposed timetable for the cash component of deposit repayments as "somewhat ambitious" in a statement on Tuesday.

He suggested ‌it may ‌be adjusted without hindering ‌the depositors' ⁠rights ​guarantee "regular, ‌uninterrupted, and complete payments over time".

He also urged the cabinet to conduct a careful review of the draft law , calling for clarifications to ensure fairness and credibility before it is submitted to parliament.

The central ⁠bank governor said the draft required further refinement, ‌including clearer provisions to guarantee equitable ‍treatment of depositors ‍and to reinforce the state’s commitments ‍under the law.

The 2019 financial collapse - the result of decades of unsustainable financial policies, waste and corruption - led the state to default ​on its sovereign debt and sank the Lebanese pound.

The draft law marks ⁠the first time Beirut has put forward legislation aimed at addressing a vast funding shortfall - estimated at $70 billion in 2022 but now believed to be higher.

Prime Minister Nawaf Salam on Monday urged ministers to swiftly approve the draft legislation.

The cabinet discussed the law on Monday and Tuesday and is set to continue discussions ‌on Friday.