Nazem AHMAD

Designation identifiers

UKSL unique ID

CTD0002

OFSI group ID

15887

Designation type

Individual

Date designated

18 April 2023

Last updated

9 April 2025

Regimes

• The Counter-Terrorism (Sanctions) (EU Exit) Regulations 2019

Designation sources

• UK

Sanctions imposed

• Asset freeze
• Travel Ban
• Director Disqualification Sanction

Official reasons

• We have reasonable grounds to suspect that Nazem AHMAD ('AHMAD') is an involved person under reg. 6 of the Counter-Terrorism (Sanctions) (EU Exit) Regulations 2019 on the basis of the following grounds: (1) AHMAD has been associated with an involved person, namely Hizballah; and (2) AHMAD has been involved in terrorist activity by providing financial services, or making available funds or economic resources, for the purposes of terrorism. We have reasonable grounds to suspect that at least the following entities are controlled by AHMAD, and are therefore also subject to the asset freeze on AHMAD: WHITE STAR DMCC (a UAE company), BEXLEY WAY GENERAL TRADING LLC (a UAE company), BEST DIAMOND HOUSE DMCC (a UAE company), SIERRA GEM DIAMONDS COMPANY NV (a Belgium company); PARK VENTURES SAL (a Lebanon company); and THE ARTUAL GALLERY (Beirut, Lebanon).

Other information

• The Director Disqualification Sanction was imposed on 09/04/2025.

Addresses

• Lines: Mteferraa From Es Semrlnd
• Lines: Beirut
• Country: Lebanon
• Lines: Baconia S.A.R.L
• Lines: Mahfouz Store Street
• Lines: Pearl Building
• Lines: GF
• Lines: Baabda