Skip to main content

US sanctions 2 Lebanese businessmen, lawmaker

The Treasury Department accused Jihad al-Arab, Dany Khoury and Jamil Sayyed of profiting from "the pervasive corruption and cronyism in Lebanon."

Lebanese lawmaker Jamil Sayyed, shown here on Jan. 14, 2011.
Lebanese lawmaker Jamil Sayyed, shown here on Jan. 14, 2011, along with two Lebanese businessmen (not shown) was sanctioned for allegedly trying to “skirt domestic banking policies and regulations” and transfer $120 million abroad. — JERRY LAMPEN/AFP via Getty Images

The United States on Thursday sanctioned two wealthy Lebanese businessmen and a member of parliament for undermining 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,” the Treasury Department said in a statement. 

Related Topics

Subscribe for unlimited access

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more

$14 monthly or $100 annually ($8.33/month)
OR

Continue reading this article for free

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more.

By signing up, you agree to Al-Monitor’s Terms and Conditions and Privacy Policy. Already have an account? Log in