Sources: Lebanese-French Businessman Freed but Grounded

Takieddine, seen in this file picture taken in 2016, fled to Beirut in June - AFP
Takieddine, seen in this file picture taken in 2016, fled to Beirut in June - AFP
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Sources: Lebanese-French Businessman Freed but Grounded

Takieddine, seen in this file picture taken in 2016, fled to Beirut in June - AFP
Takieddine, seen in this file picture taken in 2016, fled to Beirut in June - AFP

Lebanon on Monday released a Lebanese-French businessman who has been on the run from French authorities since June, but banned him from travel pending investigation, a Lebanese judicial source said, AFP reported.

Lebanese security forces detained Ziad Takieddine last week at the request of Interpol.

Prosecutor Ghassan Oueidat on Monday freed the 70-year-old under judicial supervision after "determining his place of residence, confiscating his passports and banning him from leaving Lebanese territory," the source told AFP.

Takieddine had fled to Beirut in June, when a French court condemned him to five years in jail in a case involving millions of euros in kickbacks from arms sales.

Lebanon would soon request France provide it with Takieddine's legal file so it can review charges against him, the judicial source said.

If the charges were found to be justified, he could be tried in Lebanon as a Lebanese citizen, the source added.

A French judicial source told AFP he was sceptical of the possibility of extradition to France.

"France and Lebanon have not concluded an extradition agreement and Lebanon does not extradite its nationals. The proceedings could very quickly end there," the source said.

Takieddine was also once the main accuser in an inquiry into suspected Libyan financing of former French president Nicolas Sarkozy's 2007 election campaign.

The businessman was investigated in late 2016 after he told the media he had delivered millions of euros in cash from Libyan dictator Moamer Kadhafi.

Sarkozy caught a break last month when Takieddine suddenly retracted his claim.

A judicial source in France denied Takieddine's latest arrest was linked to the Sarkozy affair, declining to provide further details.

Takieddine spent two weeks in jail in Lebanon until November 10 as part of a disagreement with his former lawyer Hani Mourad, then was released.

A Lebanese legal source who asked to remain anonymous said Takieddine was being pursued in a number of financial cases in Lebanon, including on charges of slander, fraud and forgery.



US Targets Houthis with Fresh Sanctions Action

Houthi members ride a pick-up truck while on patrol amid tensions with Israel, in Sanaa, Yemen, 18 July 2025. (EPA)
Houthi members ride a pick-up truck while on patrol amid tensions with Israel, in Sanaa, Yemen, 18 July 2025. (EPA)
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US Targets Houthis with Fresh Sanctions Action

Houthi members ride a pick-up truck while on patrol amid tensions with Israel, in Sanaa, Yemen, 18 July 2025. (EPA)
Houthi members ride a pick-up truck while on patrol amid tensions with Israel, in Sanaa, Yemen, 18 July 2025. (EPA)

The United States on Tuesday imposed sanctions on what it said was a Houthi-linked petroleum smuggling and sanctions evasion network across Yemen and the United Arab Emirates in fresh action targeting the Iran-backed militant group.

The US Treasury Department in a statement said the two individuals and five entities sanctioned on Tuesday were among the most significant importers of petroleum products and money launderers that benefit the Houthis.

"The Houthis collaborate with opportunistic businessmen to reap enormous profits from the importation of petroleum products and to enable the group’s access to the international financial system," said Deputy Secretary of the Treasury Michael Faulkender.

"These networks of shady businesses underpin the Houthis’ terrorist machine, and Treasury will use all tools at its disposal to disrupt these schemes."

Among those targeted on Tuesday was Muhammad Al-Sunaydar, who the Treasury said manages a network of petroleum companies between Yemen and the United Arab Emirates and was one of the most prominent petroleum importers in Yemen.

Three companies in his network were also designated, with the Treasury saying they coordinated the delivery of approximately $12 million dollars’ worth of Iranian petroleum products with a US-designated company to the Houthis.

Since Israel's war in Gaza against the Palestinian group Hamas began in October 2023, the Iran-aligned Houthis have been attacking vessels in the Red Sea in what they say are acts of solidarity with the Palestinians.

In January, Trump re-designated the Houthi movement as a foreign terrorist organization, aiming to impose harsher economic penalties in response to its attacks on commercial shipping in the Red Sea and against US warships defending the critical maritime area.

In May, the United States announced a surprise deal with the Houthis where it agreed to stop a bombing campaign against them in return for an end to shipping attacks, though the Houthis said the deal did not include sparing Israel.

The Israeli military attacked Houthi targets in Yemen's Hodeidah port on Monday in its latest assault on the militants, who have been striking ships bound for Israel and launching missiles against it.