Latest news with #AlSadiq
LBCI
12 hours ago
- Politics
- LBCI
Israeli army claims revealing Iranian financial network supporting Hezbollah, killing Lebanese money changer
The Israeli army revealed details on Wednesday about what it described as an Iranian mechanism for transferring funds to Hezbollah, announcing the killing of a Lebanese currency exchanger linked to the group. Israeli army spokesperson Avichay Adraee shared on X, outlining a series of Israeli strikes targeting Hezbollah's financial infrastructure. "Yesterday, Israeli Air Force jets, guided by precise intelligence, carried out a strike in southern Lebanon, eliminating Haitham Abdullah Bakri, head of the 'Al-Sadiq' currency exchange network," Adraee wrote. "Bakri knowingly collaborated with Hezbollah to transfer funds in support of its terrorist activities." According to the Israeli military, the Al-Sadiq network was used as an infrastructure for storing and transferring funds to finance Hezbollah's military operations. 'The Al-Sadiq network serves as a financial pipeline, operated under the guidance and funding of Iran's Quds Force,' Adraee stated. 'These funds are used for military purposes, including the acquisition of weapons, manufacturing equipment, and paying salaries to operatives, in addition to financing terror operations and sustaining Hezbollah's broader terrorist activity,' he added. Adraee also confirmed that last weekend, the Israeli army killed Behnam Shahriari, commander of Unit 190 of Iran's Quds Force. "He exclusively oversaw the transfer of hundreds of millions of dollars annually to the Quds Force and its affiliates," Adraee posted. 'These financial transfers included routes involving exchange offices in Turkey, Iraq, and the UAE, connected to Lebanese networks. The targeting of Bakri and Shahriari delivers a severe blow to Iran's financing routes for Hezbollah,' he said. #عاجل 🔸جيش الدفاع يكشف: الآلية الإيرانية لتحويل الأموال إلى منظمة حزب الله الإرهابية ويعلن القضاء في لبنان على رئيس شبكة الصرافة "الصادق" الذي كان يعمل على تحويل الأموال لدعم حزب الله 🔸 أغارت طائرات سلاح الجو أمس بتوجيه استخباري دقيق في منطقة جنوب لبنان وقضت على هيثم عبد الله… — افيخاي ادرعي (@AvichayAdraee) June 25, 2025
The National
16 hours ago
- Business
- The National
Israeli strike kills alleged Hezbollah financier in south Lebanon
The Israeli army says it has killed the head of a currency exchange store who operated with Hezbollah to funnel funds to the group. The targeted strike on a vehicle in southern Lebanon came amid an intensified wave of Israeli attacks north of the Litani river in what appears to be a widening campaign against Hezbollah infrastructure. The militant group said Haytham Abdullah Bakr and his two sons, who were in the car struck when it was in the southern village of Kfardjal on Tuesday, were members. 'The IDF eliminated the head of the 'Al Sadiq' currency exchange,' the Israeli army statement said, describing the company as 'a funds storage and transfer mechanism' for Hezbollah from the Quds Force, a branch of Iran's Revolutionary Guard Corps. It said the assassination was 'a severe blow to the Iranian financing routes to Hezbollah'. The attack was the latest in a series of near-daily breaches by Israel of a US-brokered ceasefire between it and Hezbollah that ended 14 months of fighting in November. Israeli air strikes on Monday targeted several towns north of the Litani, including Zrariyeh, Kfar Melki, Mahmoudiyah, Al Hatta, Ansar, Al Bisariya and Al Wardiya, according to Lebanon's state-run National News Agency. The attacks caused fires but no casualties. Hezbollah has largely withdrawn its forces from south of the Litani, in line with the US-brokered ceasefire, Lebanese authorities have told The National. The agreement requires the Lebanese state to disarm and dismantle Hezbollah infrastructure and military positions 'starting with the southern Litani area' within 60 days – but it did not set a timeline for dismantling the group's positions north of the river, which runs roughly parallel to the southern border with Israel, about 30km away. Despite the truce, Israel continues to bomb south Lebanon daily and to occupy five points of Lebanese territory. Hezbollah, politically and militarily constrained after significant losses in its war with Israel, has shown no indication that it intends to retaliate.
