by AFP — BEIRUT: US Secretary Mike Pompeo said on Friday that the US supported the Lebanese people in their fight against government corruption and terrorist threats. Pompeo took to Twitter on Friday, where he posted: We stand with the people of #Lebanon to fight against corruption and terrorism. Today we designated two prominent Lebanese businessmen whose illicit financial activity supports Hizballah. We will continue to use all the tools at our disposal to counter the threat Hizballah poses.
On Friday, the US Treasury Department imposed new sanctions against two alleged Hezbollah money launderers and financiers, including a diamond trader who collected art. It accused Lebanon-based Nazem Said Ahmad, whose art collection includes works by Pablo Picasso and Andy Warhol, and his companies of helping to launder large sums of money for the group. “Ahmad, who has a vast art collection, is one of Hezbollah’s top donors, generating funds through his longstanding ties to the ‘blood diamond’ trade,” it said. A second man based in the Democratic Republic of Congo, Saleh Assi, was sanctioned for laundering money through Ahmad’s diamond business and supporting another alleged financier already under sanctions.
Pompeo’s comments came as the head of Hezbollah, Hassan Nasrallah, warned that the formation of a new cabinet desperately needed to redress a tumbling economy could take time. Lebanon has been swept by unprecedented nationwide protests since October 17, demanding the complete overhaul of a political class deemed inept and corrupt. The government stepped down on October 29, but bitterly divided political parties have failed to agree on a new premier ever since. Hezbollah chief Nasrallah spoke ahead of parliamentary consultations to nominate a new prime minister on Monday. “The consultations are supposed to take place on Monday and we hope that whoever receives most votes will be designated to form a government,” he said in a televised address. “But the formation will be no easy feat,” he warned.