US Treasury Secretary Steven Mnuchin said on Tuesday Seif covertly moved millions of dollars on behalf of the IRGC through Al-Bilad bank "to enrich and support the violent and radical agenda of Hezbollah."
The United States has classified Lebanon's Hezbollah resistance movement as a terrorist group.
The Treasury also blacklisted assistant director of the international department of Iran's central bank Ali Tarzali and the chairman of Al-Bilad Islamic Bank Aras Habib.
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