US offers $10 million for information on Hezbollah's finances

The recent decisions are seen as an increased effort by the US to curtail Hezbollah and Iran's regional influence.
by Georgi Azar

23 April 2019 | 14:16

Source: by Annahar

  • by Georgi Azar
  • Source: Annahar
  • Last update: 23 April 2019 | 14:16

(AFP Photo)

BEIRUT: The US put in place a reward of up to $10 million for information that disrupts the finances of the Iranian-backed Hezbollah militant group.

On Monday, the US State Department announced it was offering the reward for anyone who comes forward with information on prominent Hezbollah donors or financers, as well as businesses and other support groups. Banks that facilitate the group's transactions can also be targetted.  

The US last month sanctioned a Lebanese currency exchange and its owner, Kassem Chams, for laundering money for drug cartels and financing Hezbollah.

The recent decisions are seen as an increased effort by the US to curtail Hezbollah and Iran's regional influence.

Hezbollah has seen its role within Lebanese politics grow within the last year, after naming three Ministers including the much coveted Health Minister.

The group was first designated as a foreign terrorist organization by the State Department in 1997, while the UK followed suit last month.

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