April 12 2019
The United States on Thursday announced targeted sanctions against a Lebanese network accused of laundering money from “drug lords” and contributing to the financing of the Iranian-backed Hezbollah-based terrorist group, considered a “terrorist” organization By Washington.
The US Treasury has added to its blacklists Kassem Chams, a Lebanese, as well as two entities: the “money laundering organization” of the latter, and Chams Exchange, a financial services company headquartered in Chtaura, in Liban.