US Sanctions Lebanon Money Exchanger for Alleged Ties to Hezbollah

The Treasury Department is seen near sunset in Washington, Wednesday, Jan. 18, 2023. (AP)
The Treasury Department is seen near sunset in Washington, Wednesday, Jan. 18, 2023. (AP)
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US Sanctions Lebanon Money Exchanger for Alleged Ties to Hezbollah

The Treasury Department is seen near sunset in Washington, Wednesday, Jan. 18, 2023. (AP)
The Treasury Department is seen near sunset in Washington, Wednesday, Jan. 18, 2023. (AP)

The US Treasury said on Tuesday it was placing sanctions on Lebanese money exchanger Hassan Moukalled and his business for alleged financial ties to blacklisted group Hezbollah.

Its announcement said Moukalled was a financial adviser to Iranian-backed Hezbollah, which is also designated by the United States, and carried out financial transactions on its behalf that earned him hundreds of thousands of dollars.

"Today, the Treasury Department is taking action against a corrupt money exchanger, whose financial engineering actively supports and enables Hezbollah and its interests at the expense of the Lebanese people and economy," Treasury Under Secretary for Terrorism Brian E. Nelson said.

A Treasury statement said Moukalled's business CTEX was licensed by Lebanon's central bank. Neither Moukalled, Hezbollah's media office nor the central bank immediately responded to Reuters' requests for comment.

It also sanctioned Moukalled's two sons, saying they were involved in the same financial dealings.

Moukalled regularly appears on Lebanese television channels as a financial expert and has more than 50,000 followers on Twitter, making him one of the rare public-facing figures sanctioned by Washington for financial links to Hezbollah.

The Treasury regularly issues sanctions against alleged members of Hezbollah's financial networks, most recently in December.



Al-Alimi to UN Envoy: Houthis Not a Reliable Peace Partner

Yemen’s Presidential Leadership Council head Rashad al-Alimi welcomes UN Envoy Grundberg in Aden, Yemen (SABA)
Yemen’s Presidential Leadership Council head Rashad al-Alimi welcomes UN Envoy Grundberg in Aden, Yemen (SABA)
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Al-Alimi to UN Envoy: Houthis Not a Reliable Peace Partner

Yemen’s Presidential Leadership Council head Rashad al-Alimi welcomes UN Envoy Grundberg in Aden, Yemen (SABA)
Yemen’s Presidential Leadership Council head Rashad al-Alimi welcomes UN Envoy Grundberg in Aden, Yemen (SABA)

UN envoy Hans Grundberg is working to address the Yemeni crisis, but Rashad al-Alimi, head of Yemen's Presidential Leadership Council (PLC), has questioned the Houthi militias’ trustworthiness for peace.

During Grundberg’s visit to Aden, the interim capital, Al-Alimi told him that the Houthis may not be a reliable partner. Grundberg had called for “constructive dialogue” to ease tensions.

Yemen’s state media reported that Al-Alimi received an update on Grundberg’s recent talks and his focus on reducing tensions and restarting the peace process, which has been disrupted by “Houthi terrorist groups supported by Iran.”

Grundberg thanked Yemen’s PLC and government for their work to reduce tensions and prevent a return to widespread conflict, according to SABA News Agency.

On his part, al-Alimi reaffirmed support for the UN’s efforts to restart a political process based on a Saudi roadmap.

He also supported UN efforts to address the worsening humanitarian situation caused by Houthi attacks on oil facilities and shipping lanes, which he said are backed by Iran.

Al-Alimi stressed the need for continued local, regional, and international attention on Houthi actions, including human rights abuses and measures against Yemenia Airways that worsen humanitarian conditions and damage the airline’s reputation.

The Houthi group, backed by Iran, is holding four Yemenia Airways planes in Sanaa and blocking the airline from accessing around $120 million in its bank accounts.

The PLC chief said a recent failed Houthi attack on the Safir oil facility in Marib shows the Houthis are not a reliable partner for peace. He accused them of prioritizing their supporters’ interests over Yemen’s needs.

Al-Alimi stressed the need for international unity and listening to Yemenis’ calls for stability and peace, in line with UN resolutions, especially UNSC Resolution 2216.

Grundberg, who has not reported progress on economic issues between the Yemeni government and the Houthis, urged for constructive dialogue to reduce tensions. His office stated that he and Al-Alimi discussed the urgent need for a broader dialogue to ease tensions across Yemen.

Grundberg has expressed concern over UN staff held by the Houthis and renewed the UN Secretary-General’s call for their immediate release.

The UN diplomat ended his visit to Muscat, where he met with Omani officials and Houthi negotiator Mohammad Abdelsalam. He stressed the urgent need for de-escalation in Yemen and urged the Houthis to prioritize the well-being of the Yemeni people.

Grundberg also called for the immediate release of the detained UN staff during his meetings. Before Muscat, he discussed de-escalation efforts with Saudi Ambassador to Yemen Mohammad Al Jaber in Riyadh.

In Riyadh, Grundberg met with the ambassadors of the five permanent UN Security Council members, highlighting the need for a unified approach to support peace talks and a ceasefire in Yemen.