Latest Seven Seas News & Updates

Washington, March 21 (IANS) The United States moved against what it described as a sprawling financial network that channelled more than $100 million to Hezbollah, sanctioning individuals and companies operating across several countries.The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated 16 individuals and entities linked to Hezbollah financier Alaa Hassan Hamieh, accusing him of overseeing a network of companies used to launder money and raise funds for the …