Vancouver Shipping Company Sanctioned for Hezbollah Ties
Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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U.S. Sanctions Vancouver Shipping Company for Alleged Hezbollah Ties: A Canadian Perspective
The U.S. Treasurys Office of Foreign Assets Control has imposed sanctions on Seven Seas for International Trading and Logistics, a Vancouver-based shipping company, for its alleged involvement in a $100 million network funding Iran-backed Hezbollah terrorists. The network spans across Lebanon, Canada, Poland, Slovenia, Syria, and Qatar, with Hezbollah financier Alaa Hassan Hamieh at the helm. The companys co-founder and CEO, Raoof Fadel, has ties to the group from a Qatar base. Experts warn Canadians of the threat posed by Hezbollah on home soil and call for tougher enforcement and scrutiny of regime-linked players. British Columbias finance ministry was unaware of the sanctions before the U.S. announcement and is now working with Ottawa to map out provincial responses. The case highlights the need for Canada to strengthen its borders against terror financing schemes.
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