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.
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Lebanese central bank freezes accounts of money exchanger sanctioned by US
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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
UAE calls for restraint, urges Yemenis to resolve differences through dialogue
- The UAE statement said Yemenis should exercise restraint and prioritize dialogue to safeguard security and stability
- It also affirmed that de-escalation and constructive dialogue remain the most effective path to overcoming current challenges
DUBAI: The United Arab Emirates said Saturday that is closely following recent developments in Yemen and expresses its deep concern over the ongoing escalation.
The UAE statement said Yemenis should exercise restraint and prioritize dialogue to safeguard security and stability.
“The UAE stresses the importance of de-escalation, giving precedence to dialogue over confrontation, and addressing existing differences among the brotherly Yemenis through understanding and consensus on sustainable political solutions,” read a statement on WAM news agency.
“This should be pursued through a rational and responsible approach that priorities the interests of the country and its people, with stability and prosperity as the foremost priorities.”
“The UAE further affirms that de-escalation and constructive dialogue remain the most effective path to overcoming current challenges, contributing to lasting stability in Yemen and the region, and fulfilling the aspirations of their peoples for security and prosperity.”
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