Logo
9 out of 12 Articles
rockets

Hezbollah Runs out of Money Following Repeated Israeli Strikes - Report

Hezbollah has been allegedly faced with severe financial difficulties as a result of Israeli military actions that have targeted their funding sources, according to an exclusive report by an international broadcasting network. 

According to the Friday report, October 11, the findings of the Lebanese terror group’s financial struggles came after speaking to US and Lebanon-based researchers, along with alleged US Treasury Department reports. 

The findings reportedly identified Hezbollah’s main source of income as coming from the Lebanese banking institution Al-Qard al-Hasan (AQAH). The report of Hezbollah’s lack of funding has come after Israel has reportedly escalated its attacks on the terror group’s assets, including airstrikes on AQAH’s branches, causing significant damage. 

“Hezbollah is facing a very serious financial problem. They are unable to pay rank-and-file members who have fled their homes and need to feed their families,” said Hilal Khashan, a Lebanese political science professor. 

Furthermore, Lebanese finances have also been strained due to a loss of access to its banking system. According to the report, many of Lebanon’s wealthiest bankers, who may have facilitated Hezbollah’s money laundering activities, have fled the country, fearing Israeli reprisals. (JPost/VFI News)