Last Updated: Sun Nov 20, 2011 10:41 am (KSA) 07:41 am (GMT)

From The Daily Star: Lebanon principal target of U.S. over Syria sanctions: report

Prime Minister Najib Mikati meets with U.S. Treasury Assistant Secretary for Terrorist Financing Daniel Glaser on Thursday, Nov. 10, 2011. (Photo: Dalati & Nohra)
Prime Minister Najib Mikati meets with U.S. Treasury Assistant Secretary for Terrorist Financing Daniel Glaser on Thursday, Nov. 10, 2011. (Photo: Dalati & Nohra)

BEIRUT: Lebanon is one of the principal targets of the U.S. Treasury department’s latest efforts to apply pressure on the finances of Syrian President Bashar Assad’s government, U.S. and European officials told the Wall Street Journal.

The Treasury and its partners in Europe and the Middle East are focusing on more than a dozen Lebanese banks that hold branches in Damascus, according to the newspaper Saturday.

The newspaper reported that when Daniel Glaser, the U.S. Treasury assistant secretary for terrorist financing, visited Beirut earlier this month he gave a stark warning that Lebanese banks risk being blacklisted if they are seen as helping Syrian banks evade sanctions, a more direct message than the one Glaser issued to the media at the time in which he said Lebanon must work to avoid attempts by Syria to use its financial sector as a means to evade sanctions.

For more, please see this: http://www.dailystar.com.lb/News/Local-News/2011/Nov-19/154601-lebanon-principal-target-of-us-over-syria-sanctions-report.ashx#axzz1e8h6b4d3

Comments »

Post Your Comment »