Article

2009-09-08 Syria-Lebanon-Iran

At least four senior members of Hezbollah suffered serious financial losses as the result of embezzlement by the Lebanese Shi'ite businessman Salah Ezzedine, according to the London-based newspaper Asharq Al Awsat. Ezzedine, who has been dubbed "Hezbollah's Madoff," is suspected of embezzling more than one billion dollars.

The four were identified as Mohammad Raad, head of the Hezbollah faction in the Lebanese parliament, Hezbollah MPs Amin Shari and Hussein al-Hajj, and Wafiq Safa, head of the organization's coordinating committee.

According to assessments in the Arab media and the news agencies, Ezzedine succeeded in defrauding hundreds of investors out of sums totaling between $600 million and $1.3 billion.
today Hezbollah, in the person of Hassan Nassrallah, issued a denial that any money was lost
"Lies! All lies!"

Posted by lord garth 2009-09-08 15:02|| || Front Page|| [11130 views ] Top

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