US authorities say banking institution ‘plays key role in facilitating money laundering for Hezbollah’ so, funds wired by Beirut-based Lebanese Canadian Bank were ‘frozen’.
US authorities on Monday announced the seizure of $150 million allegedly linked to a scheme by the Lebanese militant group Hezbollah to launder proceeds from drug trafficking and other crimes.
Hezbollah Chief Sheikh Hassan Nasrallah Photo: Reuters
The money came from a US bank account used by the Beirut-based Lebanese Canadian Bank (LCB) to conduct US currency transactions, US Attorney Preet Bharara and US Drug Enforcement Administration chief Michele Leonhart said.
Washington considers the Shiite militant group a terrorist organization. Continue Reading »
Police & Shin-Bet arrest Israeli-Arab terrorists who had accumulated serious weaponry in preparation for an attack.
Police and the Shin Bet have nabbed an Israeli-Arab terrorist cell affiliated with Hizbullah. The cell was holding many weapons, including powerful bombs and M-16 rifles.
The bombs were smuggled into Israel from Lebanon, and were intended for use in terrorist attacks within Israel.
A total of 12 people were arrested in connection to the affair, and eight have been indicted. The case was initially under a gag order.
Most of the suspects are drug smugglers from the town of Ghajar in the north and terrorists from the Nazareth area in the Galilee. Continue Reading »
No casualties as farmers defend their lucrative, yet illegal marijuana crop against Lebanese security forces.
Farmers armed with machine guns,rocket-propelled grenades and mortars forced government troops to abandon an operation to destroy their illegal cannabis crop in Lebanon’s Bekaa Valley on Monday, a witness said.
Lebanese security forces. – Photo by Reuters
No casualties were reported in the exchange of fire but two security force vehicles were hit by bullets, the witness said.
During Lebanon’s civil war, which took place between 1975 and 1990, the fertile Bekaa Valley produced up to 1,000 tons of cannabis resin annually and 30 to 50 tons of opium, used to make heroin. Continue Reading »