Lebanon

1967-05-02

Lebanon

LR0036899, 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. Dany Khoury (Khoury) is a wealthy businessman being designated pursuant to E.O. 13441 for contributing to the breakdown of the rule of law in Lebanon.  Khoury is a close business associate of U.S.-designated Gibran Bassil (Bassil).  Because of his close relationship with Bassil, Khoury has been the recipient of large public contracts that have reaped him millions of dollars while failing to meaningfully fulfill the terms of those contracts.  In 2016, Khoury was the recipient of a contract worth $142 million from the CDR to operate the Bourj Hammoud landfill.  Khoury and his company have been accused of dumping toxic waste and refuse into the Mediterranean Sea, poisoning fisheries, and polluting Lebanon’s beaches, all while failing to remedy the garbage crisis.

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