The U.S. Treasury Department said on Friday it had imposed sanctions on an international network of 16 people and companies that allegedly diverted more than $100 million to Hezbollah since 2020. 

The network is led by Alaa Hassan Hamieh, a Hezbollah financier and former Lebanese public investment official, and includes individuals and firms based in Lebanon, Syria, Poland, Slovenia, Qatar and Canada, the department said. 

Hamieh controlled a web of companies through relatives and associates, including firms in Lebanon, Poland, and Slovenia that it said were used for procurement and money laundering. The department said Hezbollah had also used Hamieh’s former role as vice president of Lebanon’s Investment Development Authority to channel funds from an Iraq-Lebanon trade arrangement toward Hezbollah-linked projects, and that Hamieh personally received millions of dollars tied to those projects. 

The department accused Hamieh and associate Hamdan Ali Al Lakis of opening a money exchange business that allowed Hamieh to keep access to the operation’s profits while obscuring his role from government oversight.

Other sanctioned individuals and entities were accused of acting as proxies, co-owners, or facilitators in projects tied to Hezbollah’s finance team, including a Canadian branch of a Seven Seas trading and logistics business.

Read more from the Treasury Department here