Israel Targets Hezbollah’s Financiers, Announces Imminent Strikes in Lebanon

1 month ago

Last Updated: October 21, 2024, 00:03 IST

Beirut, Lebanon

A picture taken from a position in northern Israel shows smoke billowing following Israeli bombardment on the Lebanese side of the border (AFP)

A picture taken from a position in northern Israel shows smoke billowing following Israeli bombardment on the Lebanese side of the border (AFP)

The registered nonprofit, sanctioned by both the U.S. and Saudi Arabia, provides financial services and is also used by ordinary Lebanese.

Israel’s military says it will now take aim at the Lebanon-based Hezbollah’s financial arm and plans to attack a “large number of targets” in the coming hours in Beirut and elsewhere.

Israeli military spokesman Rear. Adm. Daniel Hagari says they will issue evacuation warnings for people in parts of Beirut, and “anyone who will be near the sites used to finance Hezbollah’s terrorist activity is required to stay away from them immediately.”

The strikes will target al-Qard al-Hassan, a senior Israeli intelligence official said. The registered nonprofit, sanctioned by both the U.S. and Saudi Arabia, provides financial services and is also used by ordinary Lebanese.

Al-Qard al-Hassan is a unit in Hezbollah and is used to pay operatives of the Iran-backed militant group and help buy arms, the official added, speaking on condition of anonymity in line with army regulations.

(This story has not been edited by News18 staff and is published from a syndicated news agency feed - Associated Press)

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