On May 17, 2018, the US Department of the Treasury sanctioned Mohammad Ibrahim Bazzi as a Specially Designated Global Terrorist pursuant to Executive Order (EO) 13224. According to the Department of the Treasury, “Bazzi, who operates or transacts in or through Belgium, Lebanon, Iraq, and several countries in West Africa, is a key Hizballah financier who has provided Hizballah financial assistance for many years and has provided millions of dollars to Hizballah generated from his business activities.”

According to the designation statement, Bazzi was a close associate of Yahya Jammeh, the exiled former president of the Gambia, who was sanctioned by the US in December 2017. 

The Treasury Department also sanctioned Euro African Group LTD, Global Trading Group NV, Africa Middle East Investment Holding SAL, Premier Investment Group SAL (Off-Shore), and Car Escort Services S.A.L. Off Shore for being “owned or controlled by” Mohammad Ibrahim Bazzi.