Lebanese central bank freezes accounts of money exchanger sanctioned by US

Protesters attack the fence outside the Lebanese Central Bank. (File/AFP)
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Updated 26 January 2023
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Lebanese central bank freezes accounts of money exchanger sanctioned by US

  • Bank accounts belonging to Lebanese currency exchange house CTEX and its owner were frozen
  • Moukalled denied that he or his company CTEX have financial ties to Hezbollah

BEIRUT: Lebanon’s central bank froze all bank accounts belonging to Lebanese currency exchange house CTEX and its owner Hassan Moukaled on Thursday, days after the US Treasury sanctioned them over alleged financial ties to blacklisted group Hezbollah.
The central bank said in a statement that it also froze the accounts of two of Moukaled’s family members.
Meanwhile, Moukalled denied that he or his company CTEX have financial ties to Hezbollah and said he would mount legal challenges to US Treasury sanctions against him and the company.
He also told Reuters that the basis for the sanctions included false information.


Jordanian FM and Palestinian VP discuss Trump’s Gaza plan

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Jordanian FM and Palestinian VP discuss Trump’s Gaza plan

  • Ayman Safadi and Hussein Sheikh stressed the need to uphold the Gaza ceasefire and advance to the second phase

LONDON: Jordanian Foreign Minister Ayman Safadi and Palestinian Authority Vice President Hussein Sheikh have discussed efforts to solidify the ceasefire in Gaza and stop Israeli escalation in the occupied West Bank.

In a meeting in Amman on Tuesday, the two officials stressed the need to uphold the Gaza ceasefire and advance to the second phase of the agreement based on the plan by US President Donald Trump.

They agreed that achieving stability must be linked to a clear political path leading to a just and comprehensive peace based on a two-state solution, according to the Petra news agency.

They said Gaza was an integral part of the Occupied Palestinian Territories, where Palestinians seek to establish an independent Palestinian state.

Safadi and Sheikh addressed the worsening situation in the occupied West Bank, stressing the urgent need for coordinated regional and international efforts to stop illegal Israeli actions that could escalate violence and hinder peace.

They urged Israel to honor the historical and legal status quo of Islamic and Christian holy sites in occupied Jerusalem and to remove restrictions on freedom of worship.