World News

Suitcases of cash: Iran finds unorthodox ways to keep funds flowing to terror

“Iranian diplomats arrive in Beirut via commercial flights carrying suitcases stuffed with dollars and hand them over to Hezbollah officials,” according to the report.

By World Israel News Staff 

Financial difficulties facing the Hezbollah terror organization reportedly have caused its chief financier, Iran, “to adopt unorthodox methods to fund the organization.”

“Consequently, cash is used in a large portion of this financial activity,” reports the Israel Hayom newspaper, adding that the Iranian actions have been exposed.

“The American administration recently released a comprehensive document detailing Iran’s efforts to circumvent sanctions,” says the daily.

“Iran’s foreign ministry delivers some $100 million in cash to Hezbollah annually: Iranian diplomats arrive in Beirut via commercial flights carrying suitcases stuffed with dollars and hand them over to Hezbollah officials,” according to the report.

To try to ensure that the money transfers are not scrutinized, “the money itself is categorized as diplomatic mail, while the couriers themselves exploit the immunity provided by their diplomatic passports,” says Israel Hayom.

“The identities of those involved and the transfer dates are known to Western agencies,” according to the Israeli newspaper. Nevertheless, it adds, “the channel is still active.”

Behind the inability to stop the flow of money is the fact that Hezbollah is based in Lebanon, the cash is delivered into the Lebanese banking system, and “Lebanon remains out of bounds,” says Israel Hayom.

“Hezbollah’s entire financial apparatus presently rests on the Lebanese banking system, which no one wants to touch,” Uzi Shaya, a former Israeli intelligence official and the person who led the campaign to shut down Lebanese Canadian Bank, which had been one of Hezbollah’s main sources of funds, told the newspaper.

Israel’s Ambassador to the U.N. Danny Danon has accused Iran of exploiting “civilian maritime channels, and specifically the Port of Beirut” to also funnel weapons to Hezbollah, highlighting the continuing threat posed by the Tehran regime and its Lebanese proxy along Israel’s northern border.

Share
Published by
David Jablinowitz
Tags: Hezbollah Iran

Recent Posts

  • Arab-Israeli Conflict

Hamas accused of shooting, abducting and executing civilians in Gazan

Hamas has established “torture rooms and interrogation chambers” inside Nasser Hospital.

4 hours ago
  • World News

Trump planning ‘something much bigger’ after Iran war

Trump said that the US could strike Pickaxe mountain, a heavily fortified facility where Iran…

4 hours ago
  • World News

Iran planning coordinated multifront attack against Israel

The plan under consideration would involve Iran, Hezbollah, Hamas, the Houthis, and pro-Iranian militias in…

5 hours ago
  • Analysis & Opinion

Do not be fooled: Iran’s Islamist regime is building a post-Trump nightmare

There is no realistic path for Iran to become a constructive, peaceful country while its…

6 hours ago
  • Jewish Diaspora & Antisemitism

European rabbis unveil seven-point plan to confront ‘infrastructure of hatred’ amid rising antisemitic violence

CER’s new manifesto warns that the threat goes far beyond individual attacks, pointing also to…

6 hours ago
  • Videos

WATCH: Inside MDA’s new underground training center

Magen David Adom unveiled a new underground training center in Ramla featuring responsive mannequins and…

6 hours ago