On 26 February 2015, the US Treasury Department announced that it has designated three individuals and three entities as Specially Designated Nationals (‘SDN’). The designations are made pursuant to Executive Order 13224 and target individuals and entities alleged to be part of a Hizballah support network based in Africa.
Under the sanctions, listed individuals and entities will have all of their assets within United States jurisdiction frozen and US persons will generally be prohibited from engaging in transactions with them.
The individuals listed are:
- Mustapha Fawaz
- Fouzi Fawaz
- Abdallah Tahini
The entities listed are said to be owned or controlled by individuals 1 and 2:
- Amigo Supermarket Limited
- Wonderland Amusement Park and Resort Ltd
- Kafak Enterprises Limited
Speaking on 26 February 2015, Acting Under Secretary for Terrorism and Financial Intelligence Adam Szubin stated that “As these designations make clear, we will track Hizballah’s illicit activities to all corners of the earth”, adding that “Together with our international partners we are tirelessly working to dismantle Hizballah’s financial apparatus. Wherever this terrorist group may seek to raise funds, we will target and expose its activity”.