Hezbollah Global Finance

History of Hezbollah

Hezbollah first came into existence in 1985 with the official, objective, of expelling Americans and other Western powers from Lebanon. Thanks to a large part, in training, from the Iranian Revolutionary Guard, Hezbollah’s military strength has grown to surpass the scale, and power of the Lebanese Army. Such extreme control, in addition to the widespread support of Hezbollah’s power, has led many to describe Hezbollah as a “state within a state”. With the ability to collect taxes within their region, as well as exert influence over local radio and TV stations, and provide fully funded social services – Hezbollah has managed to stand apart from various extremist groups in the region, as a form of self-governance.

However, despite Hezbollah’s high regard amongst Lebanese citizens, it is undeniably a lawless terrorist organization with a record rivaling AL Qaeda. Such attacks included frequent truck and suicide bombings. The targets have included the U.S. and French military and government forces, but have largely been focused on civilian Jewish communities ranging from Europe to Southeastern Asia and to South America. To understand how Hezbollah accomplishes its missions, it’s important to see where the money for training, and supplies, flow from.

Iran

For years Hezbollah has claimed to earn most of its revenue through donations from private citizens, as well as earnings through various investments, but Western intelligence agencies dispute these claims. Evidence suggests that, since its formation, Hezbollah has been dependent on Iran for the majority of its training, weapons, and financial aid to carry out all its operations. Some experts speculate that Iran provides Hezbollah up to $100 million a year or more.

In exchange, Hezbollah acts as Iran’s proxy in their conflict with Israel. The conflict between the Jewish nation and Palestine has long been stoked by outside forces and Hezbollah is often the primary party responsible. To get a sense of the extent of Iran and Hezbollah’s ties one only needs to look at Hezbollah’s formation when Iran provided the initial training necessary to get Hezbollah’s forces into fighting shape.

In light of Iran’s blatant aggression towards the West through its partnership with Hezbollah, many experts believe sanctions shouldn’t be lifted until the terms of a nuclear agreement that prohibit such financing are set into place. The past deal signed into law, by then, President Obama, and was lifted this year, by president Trump; called for the dissolution of Iran’s nuclear program – but had no such language regarding the extremist faction. Click here to read more.

Even more alarming, than the faulty nuclear agreement, is the recent allegations that the US made payments as high as 33.6 billion to the Iranian government, as a form of economic relief. Mark Dubowitz, from the Foundation for Defense of Democracies, recently spoke on Fox News about the nature of these payments and their potential consequences. Click here to watch Mark Dubowtiz on YouTube.

Donations

Beyond Iran’s considerable financial involvement, Hezbollah earns a great deal of money from other sources and is in no way dependent on the Middle Eastern power. Every year Hezbollah manages to raise millions of dollars from private donors all throughout the world, mostly from wealthy Lebanese expatriates living in Africa, and South America. In one instance reported by Israeli intelligence, a transfer of $2 million was carried out by a human courier in Senegal (the second-highest rate of Hezbollah fundraising in Africa) made up entirely of donations by Lebanese business groups. The group claimed the money exchange was intended to avoid taxes.

Charities

To hide their fundraising activity, Hezbollah uses various charities to obscure the sources and eventual destination of money raised. The AL-Aqsa International Foundation, a terrorist financing scheme banned by the United States, Germany, and Great Britain raised funds for Hezbollah as part of a joint money laundering operation with the Palestinian group Hamas.

The “Martyr’s Organization” supplies finances to the family of suicide bombers. Many other charities donate to the group out of ideological motivation. Such tactics allow money to travel to Hezbollah from Western nations without financial institutions being aware of the deceit.

Criminal Enterprises

Thanks to its wide criminal network and well-trained operatives Hezbollah has found great success raising money through criminal means, such as diamond smuggling, money laundering, various types of fraud and electronic finance schemes, and drug production. These groups operate all over the world and have an elaborate system of transportation and money management built to avoid detection. Members of U.S. law enforcement agencies have stated that there is significant money moved out of the United States for terrorist operations each year. As much as $30 million dollars is generated from illicit scams in the United States alone.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s