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Home»World
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Israeli officials claim Hezbollah is using a non-profit guise to generate funds for activities

October 22, 2024No Comments3 Mins Read
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The Israel Defense Forces (IDF) revealed new intelligence about Hezbollah’s financial network. Rear Adm. Daniel Hagari highlighted Al-Qard Al-Hasan as the institution Hezbollah uses to fund attacks, providing financial services to Lebanese civilians and paying the salaries of Hezbollah operatives. The Iranian-linked financial network is funded by money from the Iranian regime and the Lebanese people, with Iran transferring money to Hezbollah from Iranian oil sold in Syria and sending cash and gold by planes to the Iranian embassy in Beirut. Hezbollah also built factories in Syria, Lebanon, Yemen, and Turkey to generate cash for terrorist activities.

Hagari emphasized that Hezbollah’s financial arm threatens the Lebanese economy, as bringing Iranian money into circulation devalues the Lebanese pound. Despite this, he clarified that the IDF is not at war with the people of Lebanon but rather with Hezbollah. The military will continue to operate against Hezbollah to ensure the safety and security of the residents of northern Israel, allowing them to return to their homes without fear of terrorist attacks. This update follows the IDF’s ground operations in Lebanon and recent airstrikes targeting Al-Qard Al-Hasan buildings.

Regarding Hezbollah’s financial network, Hagari explained that the institution exploits Lebanon’s deep financial crisis to fund its terrorist activities. Al-Qard Al-Hasan, registered as a charitable non-profit in Lebanon, is a loan provider that serves as Hezbollah’s financial arm, providing funds and support for the group’s operations. Iranian money is a significant source of income for Hezbollah, with funds being transferred from the Iranian regime through various channels, including the sale of Iranian oil in Syria and direct transfers of cash and gold to the Iranian embassy in Beirut before reaching Hezbollah.

The IDF’s efforts to combat Hezbollah’s financial network include airstrikes targeting buildings associated with Al-Qard Al-Hasan in Lebanon. The military spokesperson highlighted the global reach of Hezbollah’s financial activities, with factories established in multiple countries to generate funds for terrorist activities. The revelation of new information about Hezbollah’s financial network underscores the ongoing threat posed by the group and the IDF’s commitment to neutralizing these threats to ensure the safety and security of Israeli residents.

The Israeli military’s operations against Hezbollah and other terrorist groups are part of ongoing efforts to eliminate threats and safeguard national security. By targeting Hezbollah’s financial network and disrupting its sources of funding, the IDF aims to weaken the group’s capacity to carry out attacks and destabilize the region. The IDF’s actions are guided by a commitment to protecting Israeli citizens and preventing further violence and conflict in the region, with a focus on targeting the financial infrastructure that supports Hezbollah’s terrorist activities.

In conclusion, the IDF’s revelation of new intelligence about Hezbollah’s financial network sheds light on the group’s methods of funding terrorist activities and highlights the ongoing threat posed by the organization. By targeting Hezbollah’s financial arm and disrupting its sources of funding, the IDF aims to weaken the group’s ability to carry out attacks and destabilize the region. The military’s operations are guided by a commitment to safeguarding national security and protecting Israeli citizens from the threat of terrorism, with a focus on dismantling the financial infrastructure that supports Hezbollah’s activities.

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