عربي English Türkçe اردو فارسى
Logo
Latest News
World

Alleged Hezbollah Financier Extradited to US on Sanctions Evasion Charges

Hezbollah fighters hold their group flags, as they parade during a rally to mark Jerusalem day, in a southern suburb of Beirut, Lebanon, Friday, April 14, 2023. (AP)
Hezbollah fighters hold their group flags, as they parade during a rally to mark Jerusalem day, in a southern suburb of Beirut, Lebanon, Friday, April 14, 2023. (AP)
TT
20
TT

Alleged Hezbollah Financier Extradited to US on Sanctions Evasion Charges

Hezbollah fighters hold their group flags, as they parade during a rally to mark Jerusalem day, in a southern suburb of Beirut, Lebanon, Friday, April 14, 2023. (AP)
Hezbollah fighters hold their group flags, as they parade during a rally to mark Jerusalem day, in a southern suburb of Beirut, Lebanon, Friday, April 14, 2023. (AP)

A dual Lebanese-Belgian citizen accused by the United States of financing Lebanon's Hezbollah has been extradited from Romania and faced sanctions evasion and money laundering charges on Wednesday in Brooklyn federal court, prosecutors said.

Mohammad Bazzi, who Washington says has provided millions of dollars to Hezbollah, was arrested in February on charges of covertly selling real estate he owned in Michigan and transferring the funds abroad, violating US sanctions laws.

Bazzi was extradited on Tuesday, and pleaded not guilty in a Wednesday court hearing before US Magistrate Judge Peggy Kuo, according to a spokesman for the US Attorney's office in Brooklyn. He was ordered detained pending trial.

The US Treasury Department placed Bazzi, 58, on its sanctions list in 2018 over his alleged ties to Hezbollah, which Washington considers a terrorist organization.

Lawyers for Bazzi did not immediately respond to a request for comment.

Prosecutors in Brooklyn last week charged another alleged Hezbollah financier, Nazem Ahmad, with evading US sanctions by exporting hundreds of millions of dollars of diamonds and art.

Most Viewed

 
World

Iran's Top Diplomat to Visit China on Tuesday

Iran's Foreign Minister Abbas Araqchi attends a press conference following a meeting with Russia's Foreign Minister Sergei Lavrov in Moscow, Russia, April 18, 2025. (Reuters)
Iran's Foreign Minister Abbas Araqchi attends a press conference following a meeting with Russia's Foreign Minister Sergei Lavrov in Moscow, Russia, April 18, 2025. (Reuters)
TT
20
TT

Iran's Top Diplomat to Visit China on Tuesday

Iran's Foreign Minister Abbas Araqchi attends a press conference following a meeting with Russia's Foreign Minister Sergei Lavrov in Moscow, Russia, April 18, 2025. (Reuters)
Iran's Foreign Minister Abbas Araqchi attends a press conference following a meeting with Russia's Foreign Minister Sergei Lavrov in Moscow, Russia, April 18, 2025. (Reuters)

Iran's Foreign Minister Abbas Araqchi will visit China on Tuesday, foreign ministry spokesperson Esmaeil Baghaei said on Monday, ahead of a third round of nuclear talks between Tehran and Washington due on Saturday in Oman.

In a trip to Moscow last week, Araqchi told state TV that Tehran always closely consults with its friends, Russia and China, over the nuclear issue.

"It is natural that we will consult and brief China over the latest developments in Iran-US indirect talks," Baghaei said, adding that Beijing can play a constructive role in this process.

Long-time foes Iran and the US started negotiations earlier this month with the aim of placing limits on Tehran's nuclear program, which Western powers say is geared toward developing nuclear weapons.

Tehran has long denied such accusations and seeks in exchange the lifting of US sanctions that were re-imposed by President Donald Trump during his first term in office (2017-2021), when he withdrew from a 2015 nuclear pact between Iran and world powers, including China and Russia.

Since taking office in January, Trump has ratcheted pressure on Iran and has for the first time sanctioned Chinese "teapot" refineries - small, independent plants - that process Iranian crude oil and have provided an economic lifeline to Tehran's squeezed economy.

"The policy of maximum pressure is not just against Iran but also other countries and goes against freedom of trade. In the case of China, sanctions also seek to disrupt south-south cooperation," Baghaei said.

Beijing accounted for at least 77% of Iran’s roughly 1.6 million bpd of exported crude in 2024, according to analytics firm Kpler. The value of Iran's crude sales to China is not officially disclosed, but a Reuters calculation puts the trade at nearly $29 billion last year, assuming a 20% discount to Brent crude prices to include the cost of logistics.

"China and Iran have maintained exchanges and contacts at all levels and in various fields. With regard to the specific visit mentioned, I have no information to offer at the moment," Chinese Foreign Ministry spokesperson Guo Jiakun said on Monday regarding Araqchi's upcoming visit.