Lebanon

01 Apr 1961

Own Building, Kanisat Marmkhael, Saliba Street, Corniche, Al-Mazraa, Beirut, Lebanon; Jaafar Building, Mazraa Street, Beirut, Lebanon; Jaafar Building, Mseytbi Street, Beirut, Lebanon; Jaafar Building, Salim Slam Street, Beirut, Lebanon; Jishi Building, Salim Slam Street, Beirut, Lebanon; Own Building, Main Street, Kfar Kila, Lebanon; Mazraa, Salim Slam St., Borj Al Salam Bldg., Beirut, Lebanon

RL 0962973, Passport; RL 3203273, Passport; 87810564, VisaNumberID; F0962973, VisaNumberID

Fadi Hussein Serhan is being designated today for providing services to Hizballah.  Vatech SARL is being designated for being owned or controlled by Fadi Hussein Serhan.   Serhan is a Hizballah procurement agent and General Manager of Beirut-based company Vatech SARL, which he has used to purchase sensitive technology and equipment for Hizballah.  Serhan has purchased unmanned aerial vehicles (UAVs) and accessories, and various electronic equipment from companies in United States, Europe, Asia, and the Middle East.

https://home.treasury.gov/news/press-releases/jl0255

2015-11-05

US

Hizballah International Financing Prevention Amendments Act of 2018, Public Law No: 115-272

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Terrorism

Blocking Property, Suspending Entry

Hizballah International Financing Prevention Amendments Act of 2018 This bill imposes sanctions and reporting requirements with respect to activities associated with Hezbollah. The President shall impose sanctions on (1) any foreign individual or entity that knowingly provides significant financial, material, or technological support for certain Hezbollah-affiliated groups; and (2) foreign individuals or entities engaged in fundraising or recruitment activities for Hezbollah. The sanctions shall include blocking property transactions, barring of entry into the United States, and revoking granted visas. The President shall also impose property-blocking sanctions on (1) any agent or foreign state instrumentality that has knowingly supported or participated in combat operations with Hezbollah or provided significant financial support, arms, or related materiel to Hezbollah; and (2) affiliated networks of Hezbollah, including those affiliated through the commission of significant transnational criminal activities. The bill imposes and modifies various reporting requirements related to Hezbollah, including reports to Congress on (1) certain foreign financial institutions that process various transactions related to Hezbollah, (2) racketeering activities involving Hezbollah and its affiliates, (3) Hezbollah's fundraising and international operational capabilities and information such as which countries consent to such activities within their borders, (4) the estimated net worth of senior Hezbollah members and their sources of income, and (5) members of the Lebanese Parliament who identify as Hezbollah members and the significant conduct of such individuals.

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