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B.C. Company Faces U.S. Sanctions over Alleged Ties to Terrorist Group Hezbollah
The U.S. Treasury sanctioned a Vancouver firm and individuals linked to Hezbollah's $100 million financing network operating since 2020, aiming to block their U.S. transactions.
- Yesterday, the U.S. Treasury sanctioned Seven Seas for International Trading and Logistics, a Vancouver company, over alleged ties to a $100 million Hezbollah funding network among 16 designated entities.
- FINTRAC's 2022 alert noted Hezbollah was frequently detected moving money across borders and laundering through auto sales, with Hamieh overseeing companies that hide ownership via relatives.
- Corporate records show 1380892 B.C. LTD was registered in 2022 with a Winnipeg consulting firm and a Vancouver law firm address, while U.S. sanctions block transactions with the firm.
- Neither the Government of Canada nor the provincial government responded to requests, and Fahed Sowane denies the allegations while facing deportation proceedings.
- The U.S. says the network overseen by Hamieh is a 'critical source' of Hezbollah funding, while Canada's national security agencies link these sanctions to wider concerns amid the Iran-aligned axis of resistance.
36 Articles
36 Articles
BC Company Sanctioned by US for Alleged Hezbollah Link
A company in British Columbia has been sanctioned by the United States due to an alleged link to fundraising activities for the Iran-supported terrorist organization Hezbollah. Seven Seas for International Trading and Logistics is one of 16 companies and individuals being sanctioned by the U.S. Treasury Department, according to a March 20 government press release. The agency has accused the firm of being under the leadership of a Hezbollah finan…
The Toronto Star
B.C. company faces U.S. sanctions over alleged ties to terrorist group Hezbollah
A British Columbia company has been sanctioned by the United States over its alleged ties to fundraising for the Iran-backed terrorist group Hezbollah.
B.C. company faces U.S. sanctions over alleged ties to terrorist group Hezbollah – Energeticcity.ca
WASHINGTON — A British Columbia company has been sanctioned by the United States over its alleged ties to fundraising for the Iran-backed terrorist group Hezbollah. Seven Seas for International Trading and Logistics is among a network of 16 companies and individuals designated for sanctions by the U.S. Treasury Department, which says they are led by a Hezbollah financier named Alaa Hassan Hamieh. The U.S. government says the network overseen by …
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