A Lebanese and Belgian citizen considered a key financier of the Iranian-backed group Hezbollah was arrested Friday in Bucharest, Romania’s capital, and is to be extradited to the US, federal authorities said. “As alleged, Mohammad Bazzi thought that he could secretly move hundreds of thousands of dollars from the United States to Lebanon without detection by law enforcement. Today’s arrest proves that Bazzi was wrong,” stated United States Attorney Peace. According to the OFAC designation, Bazzi is a key Hezbollah financier who has provided millions of dollars to Hezbollah over the years, generated from his business activities in Belgium, Lebanon, Iraq and throughout West Africa. Read more:US targets key Hezbollah financing network, and Iranian conduitUS issues new Hezbollah-related sanctions
Continue reading...