The U.S. Treasury Department has sanctioned several Chinese entities and individuals based in China for financing Iran-related terrorist activities.
The Office of Foreign Assets Control (OFAC) of the Treasury Department posted on its website on Sept. 17 that it’s imposing sanctions on members of the networks that finance the terrorist organization Hezbollah in Lebanon and Kuwait. The United States has also sanctioned members of international financial facilitators and front company networks that provide financial support to Hezbollah and Iran.
