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US sanctions 2 Lebanese businessmen, lawmaker

The Treasury Department accused Jihad al-Arab, Dany Khoury and Jamil Sayyed of profiting from "the pervasive corruption and cronyism in Lebanon."
Lebanese lawmaker Jamil Sayyed, shown here on Jan. 14, 2011.

The United States on Thursday sanctioned two wealthy Lebanese businessmen and a member of parliament for undermining the rule of law in Lebanon. 

“Jihad al-Arab, Dany Khoury and Jamil Sayyed have each personally profited from the pervasive corruption and cronyism in Lebanon, enriching themselves at the expense of the Lebanese people and state institutions,” the Treasury Department said in a statement. 

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