RIYADH: Ƶ on Friday imposed sanctions on three individuals and four companies linked to terror outfit Hezbollah.
The Kingdom froze their assets and prohibited dealings with the three Lebanese nationals and the four firms.
In a statement, the Ministry of Interior named the individuals as Fadi Hussein Sarhan, Adel Moham-med Sheri and Ali Hussein Ze’ater.
The ministry identified the four companies as Vatech Sarl, Le-Hua Electronics Field Co. Ltd, Aero Skyone Co. Ltd. and Labico Sal Offshore,
“The Kingdom will continue its fight against the terrorist activities of the so-called Hezbollah through all available means,” the ministry said adding Ƶ will continue to work with its allies around the world to make it clear that Hezbollah’s militant and extremist activities will not be tolerated by any nation or international organization.
The ministry statement carried by the SPA said as long as Hezbollah continued its activities to spread chaos, instability, terror acts and carried out criminal activities, the Kingdom will continue to designate Hezbollah operatives, leaders and individuals linked to the group as terror entities and impose sanctions on them.
Continued on Page 4
Kingdom extends
Hezbollah sanctions
Continued from Page One
The ministry advised citizens and residents not to deal with Hezbollah and the above-mentioned individuals and companies.
“Competent authorities shall apply the related Terrorism Crimes and Financing Laws and Regulations against anyone found dealing with the above-mentioned individuals and entities,” the ministry warned.
The ministry also said that those sanctioned are designated under the Saudi Law of Terrorism Crimes and Financing as well as the Royal Decree No. A/44, which target terrorists and their supporters and whoever works with them or on behalf of them.
Any assets of these designated entities are frozen, and Saudi citizens or expatriates in the Kingdom are prohibited from engaging in any transaction with them, the ministry statement added.
The US Treasury Department last year sanctioned Beirut-based Sarhan and his firm Vatech Sarl, along with Sheri, of Shenzhen, China, and his firm Le-Hua Electronic Field Co.
It said they were responsible “for providing material support to enhance the group’s military and terrorist capabilities.”
Sarhan purchased unmanned aerial vehicles, while Sheri facilitated Hezbollah’s efforts to obtain electronics “for transport to Yemen for use in improvised explosive devices by the Houthis,” the US Treasury Department said.
On Tuesday, Riyadh urged Saudi nationals not to travel to Lebanon “for their safety,” after the Kingdom halted a $3 billion program funding French military supplies to Beirut and $1bn for Lebanon’s internal security.
Riyadh cut the aid in response to hostile positions taken by Lebanon at the behest of Hezbollah.
Kingdom extends Hezbollah sanctions
Updated 27 February 2016