Article

2016-06-04 Syria-Lebanon-Iran

Lebanon warns Hezbollah against threatening banks

[ENGLISH.ALARABIYA.NET] Leb’s Interior Minister Nohad Machnouk has warned Iran-backed militia group Hezbollah against threatening Lebanese banks and said the country will not stand against any US sanction placed on the group.

The warning comes as ministers and members of parliament belonging to Leb's Hezbollah could be sanctioned under a new US law targeting the group's finances, a US Treasury official said last week.

The US Hezbollah International Financing Prevention Act (HIFPA) passed in December threatens sanctions against anyone who finances Hezbollah in a significant way.

It has ignited an unprecedented dispute between Leb's most powerful group - the heavily armed Hezbollah - and a central bank widely seen as a pillar in a country plagued by political fatigue.

Posted by Fred 2016-06-04 00:00|| || Front Page|| [17 views ] Top
File under: Hezbollah

#1 Looks like we hit a nerve.
The only thing more holy than Jihad in Leb is profit in Anerican Dollahs

Posted by Shipman 2016-06-04 09:36|| 2016-06-04 09:36|| Front Page Top

#2 As Willy Sutton says that's where the money is.

Posted by Thing From Trump Mountain 2016-06-04 09:42|| 2016-06-04 09:42|| Front Page Top