Last Updated: July 26, 2026

NEW LINE EXCHANGE TRUST CO.

Address

2901 Omar and Khaled Richani Building, Beirut, Lebanon; 2901 Icaria, Ras Beirut, Lebanon

Official reason

Three Lebanon-based money exchanges used by Ayman Joumaa and his organization to launder illicit proceeds were also designated today: the Hassan Ayash Exchange Company, the Ellissa Exchange Company, and New Line Exchange Trust Co.

Sender

Other Information

https://home.treasury.gov/news/press-releases/tg1035

Date of listing

2011-01-26

Program information

Authority

Program

Foreign Narcotics Kingpin Sanctions Regulations, 31 C.F.R. part 598

Regime

OFAC-horizontal

Target State

Drugs

Measures

Blocking Property

Official Information

The Foreign Narcotics Kingpin Sanctions Regulations, 31 CFR part 598 (FNKSR), implement the Foreign Narcotics Kingpin Designation Act (21 U.S.C. 1901–1908), which provides authority for the application of sanctions to significant foreign narcotics traffickers and their organizations operating worldwide.

Additional Details

SDN

Program URL

https://www.federalregister.gov/documents/2021/05/17/2021-10314/narcotics-trafficking-sanctions-regulations-and-foreign-narcotics-kingpin-sanctions-regulations

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