Israel Matzav

BWAHAHAHAH! Hezbullah in 'dire financial straits'

What's a terror organization to do? With Syria fighting a revolt against Bashar al-Assad's rule and Iran straining under sanctions, Hezbullah, which is patronized by both countries, is going broke.

While Hezbollah General Secretary Hassan Nasrallah appeared to be in high spirits recently during a rare public appearance in a suburb of Beirut, his organization is experiencing a severe financial crisis, French daily Le Figaro reported over the weekend.

According to the article, which was based on information obtained by French intelligence agencies, the civil uprising against President Bashar Assad in Syria has significantly reduced the flow of money to the Lebanese terror group.

Moreover, the report said, Iran has recently cut its financial aid to Hezbollah by 25% due in part to the international sanctions imposed on the Islamic Republic over its nuclear program.

Le Figaro said the financial crisis has led some Hezbollah terrorists to deal drugs in north Lebanon. Just last week US prosecutors indicted a Lebanese national who they said led a massive international drug smuggling ring with links to Hezbollah.

The US Treasury and the FBI have banned American organizations from donating to Hezbollah, which is designated under US law as a terrorist organization.

Last month Nasrallah claimed Hezbollah had unraveled a web of CIA informants and officers in Iran and Lebanon. According to Le Figaro's report, the network caused significant damage to the Shiite group.

Hezbollah's financial woes are also the result of corruption, the report said. According to Le Figaro, the terror group's investment manager had embezzled close to $1.6 billion.

Heh.

The original Le Figaro article is here.

Labels: Hezbullah, Iran sanctions regime, Syrian uprising

posted by Carl in Jerusalem @ 4:19 AM