Ahmad Abdallah

Islamic Revolutionary Guard Corps (IRGC) officials have helped to facilitate financial transfers for Ahmad Abdallah’s businesses, many of which are located in Iraq and benefit Hizballah

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Ahmad Jalal Reda Abdallah, a Lebanese businessman and Hizballah financial facilitator, as well as five of his associates and eight of his companies in Lebanon and Iraq;

Ahmad Abdallah is a Hizballah official and an active member of Hizballah’s global financial network who has supported Hizballah for decades, carrying out extensive commercial activities in various countries where the profits are transferred to Hizballah. He coordinates business activities and budgets with sanctioned senior Hizballah financial facilitators such as Muhammad Qasir and Muhammad Qasim al-Bazzal. In addition to the involvement of Muhammad Qasir and Muhammad Qasim al-Bazzal, Islamic Revolutionary Guard Corps (IRGC) officials have helped to facilitate financial transfers for Ahmad Abdallah’s businesses, many of which are located in Iraq and benefit Hizballah;

Ahmad Abdallah has worked with Muhammad Qasir to pursue a business plan together to finance businesses and generate funding for Hizballah. Ahmad Abdallah has established a multitude of businesses including medical equipment factories, insurance companies, real estate, and construction companies, which funnel at least a portion of their profits to Hizballah. Ahmad Abdallah pursued the establishment of food companies such as Al Moukhtar Products Co. SARL, which is designated today, because he perceived those sectors as less likely to be targets of sanctions. Abdallah also used his senior employees and relatives to establish new businesses throughout the Middle East on behalf of Hizballah;

In addition to his business ventures where profits were used to benefit Hizballah, Ahmad Abdallah also brokered meetings with senior businessmen and politicians in Lebanon on Hizballah’s behalf. Ahmad Abdallah has also assisted Hizballah in recovering Adham Tabaja’s frozen funds after he was designated in 2015;

Ahmad Jalal Reda Abdallah is being designated pursuant to E.O. 13224, as amended, for acting or purporting to act for or on behalf of, directly or indirectly, Hizballah;

Ahmad Abdallah used his senior employees, including Hussein Kamel Attia (Hussein Attia), to establish businesses throughout the Middle East on behalf of Hizballah. Hussein Attia and other employees and relatives helped provide an appearance of legitimacy for these businesses. Hussein Attia is a senior manager at United General Holding, which served as a holding company for numerous businesses owned or controlled by Ahmad Abdallah. Hussein Attia was involved in operations for Ahmad Abdallah’s businesses, including financial transactions and business operations. Hussein Attia is associated with several of Ahmad Abdallah’s companies and has maintained business and financial connections to Ahmad Abdallah and his companies since at least 2016;

Ahmad Abdallah also used his relatives to establish new businesses throughout the Middle East on behalf of Hizballah. When accounts were opened for several of Ahmad Abdallah’s businesses, his brother Hussein Reda Abdallah was one of the associates given power of attorney for the accounts. Hussein Reda Abdallah is associated with several of Ahmad Abdallah’s companies, including United General Holding, United General Offshore, United General Services, and Al Moukhtar Products Co. SARL. He has also shared bank accounts with his brother Ahmad Abdallah and worked as an employee at a company owned by his brother Ahmad Abdallah;

Ali Reda Abdallah, Ahmad Abdallah’s other brother, coordinated closely with Ahmad Abdallah in 2020 to further their investment projects in Iraq on behalf of Hizballah. When accounts were opened for several of Ahmad Abdallah’s businesses, Ali Reda Abdallah was one of the associates given power of attorney for the accounts. Additionally, when Ahmad Abdallah restructured the ownership for several of the companies that he owned in Iraq with Ali Reda Abdallah, he planned to transfer 100 percent of the ownership for one of the companies to Ali Reda Abdallah. As of March 2020, Ahmad Abdallah and his brother Ali Reda Abdallah had stepped forward from Hizballah to purchase a bottling plant in Iraq. The purchase was viewed as part of an effort by Hizballah to open intelligence and commercial fronts in Iraq for investment projects, which could then become fronts for IRGC and Hizballah in the country. Subsequently, a local law enforcement raid at one of the plants was conducted and Ahmad Abdallah was caught altering labels on medications brought in from Lebanon and sold on the black market to pharmacies.

Ali Reda Abdallah was associated with several Ahmad Abdallah companies, including United International Exhibition Company, and had financial connections to several other companies, including United General Contracting, Al Moukhtar Products Co. SARL, and United General Holding.

Ali Reda Abdallah was expelled from Sweden in the 1990s and deported as a result of his activities on behalf of Hizballah and for plotting an attack on the Israeli Embassy in Stockholm.

Person of interests:
– Hussein Kamel Attia
– Joseph Ilya Haidamous
– Hussein Reda Abdallah (Brother)
– Ali Reda Abdallah (Brother)

Companies owned by Ahmad Abdallah:
– Al Moukhtar Products Co. SARL
– United General Holding
– United General Offshore
– United General Services
– United General Contracting Company SARL
– Focus Company SARL
– Focus Media Company SAL Offshore
– United International Exhibition Company SARL

Involved In:
Islamic Revolutionary Guard Corps (IRGC) officials have helped to facilitate financial transfers for Ahmad Abdallah’s businesses, many of which are located in Iraq and benefit Hizballah

Also Known As:
Ahmad Jalal Reda Abdallah
Ahmed Jalal Reda Abdallah

Born:
15 Aug 1966

Country:
Lebanon

Address:
Beirut, Lebanon

Nationality:
Lebanon

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on May 19, 2022 pursuant to Executive Order 13224, as amended, for acting or purporting to act for or on behalf of, directly or indirectly, Hizballah;