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US Slaps Sanctions on Lebanon's Jammal Trust Bank Over Alleged Hezbollah Funding

CC0 / / The U.S. Treasury building, Washington D.C.
The U.S. Treasury building, Washington D.C. - Sputnik International
Tensions between Israel and Lebanon escalated earlier this week following a series of drone-related incidents, including a suspected Israeli attack on a Hezbollah office in Beirut.

The US Treasury Department has sanctioned Jammal Trust Bank for providing financial services to Hezbollah, the Office of Foreign Assets Control (OFAC) said in a statement on Thursday.

"The following entities have been added to OFAC's SDN List: Jammal Trust Bank...(Linked To: Hizballah)," the statement said.

The bank's affiliates, including Trust Insurance Co. SAL, Trust Insurance Services SAL and Trust Life Insurance Co.SAL are also on the list.

​California-based journalist Matthew Keys took to Twitter to quote a senior White House official:     

Earlier this week, Hezbollah's secretary-general Hassan Nasrallah vowed to retaliate to the series of confirmed Israeli airstrikes near Damascus, and to the alleged Israeli drone attacks on Hezbollah's office in Beirut last Saturday. Israeli Prime Minister Benjamin Netanyahu, for his part, warned that Hezbollah’s leaders, and officials from both Iran and Lebanon, should be "careful of what they say," stressing that Israel is able "to defend itself and to pay back its enemies." 

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