On March 20, 2026, the OFAC designated a network of 16 individuals and entities led by Hizballah financier and former public investment official Alaa Hassan Hamieh. Alaa Hamieh manages a network of companies across several countries that launder and fundraise for Hizballah, helping to divert over $100 million since 2020, despite ongoing calls for the group's disarmament.
Hizballah funds its militant operations and social programs through various revenue generation and sanctions evasion schemes, often using its influence in Lebanon’s government to divert funds for its benefit. Following the U.S. designation of finance team member Muhammad Al-Bazzal in 2018, ownership of several companies was transferred to family members and associates who remain active in Hizballah's finance team. Alaa Hamieh owns multiple Hizballah-associated companies, including Lebanon-based Seven Seas SAL Offshore, Seven Seas Group S.A.R.L., and Calllync S.A.L. Offshore; Poland-based Calllync Spolka Z Organiczona Odpowiedzialnoscia; and Slovenia-based Calllync Telekomunikacijske Storitve D.O.O., which are involved in procurement and money laundering.
All property and interests of designated or blocked persons in the U.S., or under the control of U.S. persons, are blocked and must be reported to OFAC, with severe penalties for violations of these sanctions. Transactions involving these blocked persons are generally prohibited, and violations may lead to civil or criminal penalties, including potential secondary sanctions on foreign financial institutions that facilitate such transactions.
Read the Treasure’s press release here.