The U.S. Treasury has added Seven Seas for International Trading and Logistics, a Vancouver-based company, to its sanctions list over alleged ties to Hezbollah.
The firm, registered in British Columbia in 2022 as 1380892 B.C. LTD, is linked to Raoof Fadel, a Qatari-based co-founder and CEO allegedly part of the Hezbollah finance team. Directors Mohamad Wehbe and Ahmed Wehbe-both Lebanese citizens-are also sanctioned.
The sanctions target a global network led by Alaa Hamieh, a dual Lebanese-Canadian passport holder, who oversees multiple companies used to launder and raise funds for Hezbollah. The network spans Lebanon, Syria, Poland, Slovenia, Qatar, and Canada, with estimated fund diversions exceeding $100 million since 2020.
Seven Seas is described as the Canadian branch of a similarly named Lebanese entity.
The company remains un-sancioned in Canada, and neither B.C. nor federal authorities have responded to inquiries.
