US sanctions against individuals, businesses supporting Hezbollah, Kata’ib Hezbollah

The U.S. Department of the Treasury announced sanctions against individuals and businesses supporting the Iranian-backed terrorist groups Hezbollah and Kata’ib Hezbollah. This initiative, dubbed “Operation Economic Outcast,” aims to disrupt financial networks aiding the Iranian regime and its proxies. Treasury Secretary Scott Bessent stated, “Whether they finance terror, launder money or help Iran evade sanctions, we will find them.”

• Four members of Kata’ib Hezbollah, including senior commander Ali Hasan Farhan Al-Lami, were sanctioned.
• Three individuals and two businesses linked to Iraq’s Popular Mobilization Forces, heavily influenced by Iran, also faced sanctions.
• Five individuals and two businesses were sanctioned for their involvement in a cash-smuggling network that transferred hundreds of millions of dollars from Iran’s Islamic Revolutionary Guard Corps-Quds Force to Hezbollah.
• The sanctions follow the May 16 arrest of a senior Kata’ib Hezbollah commander accused of plotting bombings against Jewish institutions in the U.S.