US Treasury offers $10 million for information on Hezbollah officials
June 21, 2022, 9:24 am

US Treasury offers $10 million for information on Hezbollah officials

A boy waves a flag Lebanon's Iran-backed Shiite group Hezbollah during a rally to attend a speech by Hezbollah leader Hassan Nasrallah, broadcast on a giant screen, in the southern city of Nabatiyeh, on May 9, 2022, ahead of the upcoming parliamentary elections on May 15. (AFP)

The Arabnews reported that the US Department of State on Monday (June 20) announced it was offering a reward of up to $10 million for information on Haseeb Hadwan, a senior official in Hezbollah’s General Secretariat, and his office manager, Ali Al-Shaer.

It said that both men are accused of using the international financial system to transfer money to Lebanon, where it is used to finance the Hezbollah militia.

On September 17, 2021, the US Department of Treasury designated Hadwan and Al-Shaer as Specially Designated Global Terrorists in accordance with Executive Order 13224, the Arabnews mentioned.

As a result, all of their property and interests within US jurisdiction are blocked, and it is generally prohibited for US persons to transact with either man.

The US Department of State on Monday (June 20) announced it was offering a reward of up to $10 million for information on Haseeb Hadwan, a senior official in Hezbollah’s General Secretariat, and his office manager, Ali Al-Shaer

The move forms part of the larger US effort to crackdown on the Iran-backed group Hezbollah. As a US-designated Foreign Terrorist Organization, it is a crime to knowingly provide, or attempt or conspire to provide, material support or resources to Hezbollah.

Earlier in January, the US designated Hezbollah-linked financial facilitators Adel Diab, Ali Mohamad Daoun, Jihad Salem Alame and their Lebanon-based travel company Dar Al Salam. This was followed by the designation of Lebanese businessman, Ahmad Jalal Reda Abdallah, on May 12.

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In a statement, the Treausury said sanctions continue to have significant consequences in Lebanon, as it faces an unprecedented economic crisis.

The statement added, as part of Lebanon’s government, Hezbollah is impeding economic reforms and the necessary change demanded by the Lebanese people.

Source: arabnews

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.