The US Treasury slapped sanctions on prominent Lebanese tycoons Jihad al-Arab and Dany Khoury and lawmaker Jamil Sayyed for allegedly benefitting from corruption and adding to the breakdown of the rule of law in their country.
The three “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 US Treasury said.
“While the Lebanese people face daily struggles to access basic public goods, including medicine, electricity, and food, during a historic and devastating economic crisis, members of the Lebanese political class and their cronies operate with impunity to enrich themselves and hide their wealth,” the Treasury said in a statement.
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