Treasury Seizes Assets of Extremist Organization

By: Associated Press Email
By: Associated Press Email

WASHINGTON (AP) - The Obama administration is authorizing the
seizure of assets belonging to an extremist organization in Iraq and its Iranian backer. Both are believed responsible for deadly attacks in Iraq.

The Treasury Department says it is targeting Abu Mahdi al-Muhandis, an Iranian, and the Iraq-based group Kata'ib Hizballah for committing, directing or supporting acts of violence in Iraq against U.S. and Iraqi forces.

In a separate move Thursday, the State Department designated Kata'ib Hizballah as a foreign terrorist organization. Both designations prohibit any transactions between them and Americans, and freeze any assets they may have in the U.S.

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