WASHINGTON, Oct 5, 2018 (MENA) - The US Treasury imposed sanctions on Muhammad Abdallah Al-Amin and seven of his companies for providing financial and material support for Hezbollah. The treasury's Office of Foreign Assets Control (OFAC) designated Al-Amin as a "Specifically Designated Global Terrorist" (SDGT). "Hezbollah is an Iranian-proxy, and this administration is focused on exposing and disrupting its terrorist funding networks. We are exerting extraordinary pressure on Hezbollah financiers to halt their pernicious activities in Lebanon and beyond," Sigal Mandelker, Under Secretary of the Treasury for Terrorism and Financial Intelligence, said. "Our action should serve as a warning that we will impose consequences on anyone engaging in business relationships with Al-Amin or other Hezbollah support networks. The treasury has taken more actions against Hezbollah this year than ever before, and we are fully committed to shutting down this terrorist network. "OFAC's designation of Al-Amin and his companies comes after action was taken in February targeting the Tabaja network operating in West Africa and Lebanon, owned by Adham Tabaja, who was also designated an SDGT on June 6. Tabaja maintains direct ties to senior Hezbollah officials and Hezbollah's operational component, which is responsible for planning, coordinating, and executing Hezbollah attacks worldwide. Tabaja also holds properties in Lebanon on behalf of Hezbollah. Al-Amin was designated for "assisting in, sponsoring, or providing financial, material, or technological support for, or financial or other services to or in support of, Tabaja," according to a treasury statement.