Sultan Khalifah Asaad

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Sultan Khalifah Asaad is an official of Hizballah, a person whose property and interests in property are blocked pursuant to E.O. 13224, as amended

Country:

Lebanon  

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:
Sultan Khalifah As’ad (As’ad) is an official of Hizballah, a person whose property and interests in property are blocked pursuant to E.O. 13224, as amended;

As’ad is a senior Hizballah Executive Council official who serves as the deputy to Executive Council Chairman Hashim Safi al-Din, who was designated pursuant to E.O. 13224 in May 2017. In addition to serving as Hashim Safi al-Din’s deputy, As’ad serves as the senior official for Hizballah’s central municipal portfolio, a position he has held since at least 2011, and for which he appears regularly at public events. As of early 2019, As’ad was responsible for dozens of companies subordinate to the Executive Council, including Arch and Meamar. He provided project guidance to these companies and was involved in their financial and legal issues. He reported to and received guidance from Hashim Safi al-Din about the companies and passed instructions to the companies’ directors and Hizballah’s Finance Committee;

Hizballah was designated by the Department of State as a Foreign Terrorist Organization in October 1997 and as a Specially Designated Global Terrorist (SDGT) pursuant to E.O. 13224 in October 2001;

Hizballah’s activities permeate all aspects of the Lebanese economy, including the construction and infrastructure sectors. Hizballah leverages Arch and Meamar to conceal money transfers to Hizballah’s own accounts, further enriching Hizballah’s leadership and supporters, and depriving the Lebanese people of much-needed funds. Hizballah conspires with Lebanese officials, including the recently designated former Minister of Public Works and Transportation, Yusuf Finyanus, to direct government contracts worth millions of dollars to these companies, which are overseen by Hizballah’s Executive Council. The Council also receives the corrupt profits from these companies;

Involved In:
Iran Terrorists

Also Known As:
Sultan Khalifah As’ad
As’ad
Asaad, Hajj Sultan
Asaad, Sultan
Asaad, Sultan Khalife

Born:
31 Oct 1962

Country:
Lebanon

Address:
Jezzine, 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 September 17, 2020 pursuant to Executive Order 13224, as amended, which targets terrorists and those providing support to terrorists or acts of terrorism;