Tag: finances

  • Israel strikes banks in Lebanon to hit Hezbollah’s finances

    Israel strikes banks in Lebanon to hit Hezbollah’s finances

    Al-Qard Al-Hassan, or AQAH, has been under U.S. sanctions since 2007, with the U.S. Department of the Treasury describing the bank as being used by Hezbollah “as a cover to manage the terrorist group’s financial activities” and to “gain access to the international financial system.” In the years since, Treasury officials have continued to accuse…