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    23-Apr-2019

US Offers $10 Million for Info on Hezbollah Financial Activities

 

Asharq Al-Awsat

 

The Trump administration offered on Monday rewards of up to $10 million each for information that disrupts the finances of Lebanon's Hezbollah.
 
The State and Treasury departments said the money will be paid to people who provide information such as the names of Hezbollah donors and financiers, bank records, customs receipts or evidence of real estate transactions.
 
The payments will be made by the State Department's "Rewards for Justice" program that usually offers cash for information leading to the whereabouts of wanted terrorists. This is the first time the program has been used to target a financial network.
 
Since it began in 1984, Rewards for Justice has paid more than $150 million to more than 100 people who have provided information about terrorists or prevented terrorism attacks.
 
"Hezbollah generates about a billion dollars a year from a combination of direct financial support from Iran, international businesses and investments, donor networks, and money laundering activities," the State Department said.
 
It listed three Hezbollah financiers as examples of activities it was seeking to stop, with one, Ali Youssef Charara, funding the group by investing millions of dollars from Hezbollah in the telecommunications industry in West Africa.
 
 

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