Treasury Sanctions Syrian Businessman For Support Of Assad Regime

The Office of Foreign Assets Control has hit 16 individuals and entities with sanctions for their association with an international network that benefits the regime of Syrian President Bashar Assad, reports the Dept. of the Treasury.

The latest designations are designed to cut off important supplies and financiers for the Assad regime's luxury reconstruction and investment efforts, said a departmental release on Tuesday.

"Samer Foz, his relatives, and his business empire have...