US targets global Hizballah finance network accused of laundering more than $100m

WASHINGTON, March 20, 2026 — The U.S. Treasury Department's Office of Foreign Assets Control on Friday added 10 individuals and six entities to the Specially Designated Nationals and Blocked Persons List under Executive Order 13224, as amended, in an action targeting a network led by Hizballah financier and former public investment official Alaa Hassan Hamieh.

Treasury said the network, controlled through family members and close associates, launders and raises funds for Hizballah's finance team. The department said the individuals and companies have been involved in economic projects in Lebanon, Syria, Poland, Slovenia, Qatar and Canada and are estimated to have enabled the diversion of more than $100 million since 2020.

The newly designated individuals are Hamieh; Hamdan Ali Al Lakis; Maya Boustany; Raoof Fadel; Daniel Hamieh; Muhammad Hasan Hamieh; Bahaa Addin Hashem; Mohamad Jamil Salami; Hala Mohamad Tarshishi; and Mohamad Hasan Wehbe. OFAC identified all 10 as Specially Designated Global Terrorists and said each is subject to secondary sanctions risk under the Hizballah Financial Sanctions Regulations.

The six newly designated entities are Calllync S.A.L. Offshore in Lebanon; Calllync Spolka z Ograniczona Odpowiedzialnoscia in Poland; Calllync Telekomunikacijske Storitve D.O.O. in Slovenia; Seven Seas for International Trading and Logistics in Canada; Seven Seas Group S.A.R.L. in Lebanon; and Seven Seas SAL Offshore in Lebanon.

Treasury said Hamieh directly or indirectly owns multiple Hizballah-associated companies used for procurement or money laundering. It said several of the entities were owned, controlled or operated by associates and relatives, including Daniel Hamieh, Bahaa Addin Hashem, Raoof Fadel and Mohamad Hasan Wehbe.

According to Treasury, Hamieh had served as vice president of Lebanon's Investment Development Authority and, in early 2025, was involved in disbursing funds under a trade agreement between Iraq and Lebanon. Treasury said Hamieh personally received millions of dollars for Hizballah-associated projects under that agreement and was no longer affiliated with the authority as of December 2025 following the appointment of a new board.

Treasury said the action was taken under the counterterrorism authority in Executive Order 13224, as amended. No removals from the SDN List were announced in the material provided.