Lebanon

1950-07-15

Sea Road Summerland, Jnah, Beirut, Lebanon; Nabi Aylah, Zahleh, Bekaa, Lebanon

RL3234354, Passport

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two Lebanese businessmen and a member of Parliament whose actions have contributed to the breakdown of good governance and the rule of law in Lebanon.  Jihad al-Arab, Dany Khoury, and Jamil Sayyed have each personally profited from the pervasive corruption and cronyism in Lebanon, enriching themselves at the expense of the Lebanese people and state institutions. Jamil Sayyed (Sayyed) is a sitting Member of Lebanon’s Parliament being designated pursuant to E.O. 13441 for contributing to the breakdown of the rule of law in Lebanon.  As of 2021, Sayyed sought to skirt domestic banking policies and regulations and was aided by a senior government official in transferring over $120 million to overseas investments, presumably to enrich himself and his associates.  During the 2019 protests, when demonstrators protested outside his home demanding his resignation and calling him corrupt, Sayyed called on officials to shoot and kill the protesters.

https://home.treasury.gov/news/press-releases/jy0440

2021-10-28

US

Lebanon Sanctions Regulations, 31 C.F.R. part 549; Executive Order 13441 of August 1, 2007 Blocking Property of Persons Undermining the Sovereignty of Lebanon or Its Democratic Processes and Institutions

OFAC country specific

Lebanon

Blocking Property

On August 1, 2007, the President, invoking the authority of, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701–1706) (“IEEPA”), issued Executive Order 13441 (72 FR 43499, Aug. 3, 2007) (“E.O. 13441”). In E.O. 13441, the President determined that the actions of certain persons to undermine Lebanon's legitimate and democratically elected government or democratic institutions, to contribute to the deliberate breakdown of the rule of law in Lebanon, including through politically motivated violence and intimidation, to reassert Syrian control or contribute to Syrian interference in Lebanon, or to infringe upon or undermine Lebanese sovereignty contribute to political and economic instability in Lebanon and the region and constitute an unusual and extraordinary threat to the national security and foreign policy of the United States. To deal with that threat, the President declared a national emergency. E.O. 13441 then sets forth the actions ordered by the President.

SDN