U.S. sanctions Lebanon's Jammal Trust Bank for ties to Hezbollah

The U.S. Department of the Treasury’s Office of Foreign Assets Control sanctioned Jammal Trust Bank SAL (Jammal Trust), a Lebanon-based financial institution that knowingly facilitates banking activities for Hizballah.   Specifically, OFAC designated Jammal Trust as a Specially Designated Global Terrorist (SDGT) pursuant to Executive Order (E.O.) 13224 for assisting in,…