Israeli attacks on Hezbollah banks: How the terrorist organization finances itself

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Published on Oct 21, 2024
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The Israeli army has expanded its attacks in Lebanon: After targeting military positions of the pro-Iranian Hezbollah, it is now increasingly targeting its financial structure and facilities, bombing bank branches. They belonged to the Al-Kard Al-Hassan association - a shadow bank founded by Hezbollah through which it conducts business outside the normal banking system. The terrorist organization generates several hundred million euros a year through institutions like this. Hezbollah has penetrated Lebanon's economy and financial system, says terrorism researcher Hans-Jakob Schindler of the Counter Extremism Project (CEP) in an interview with ZDF. While civilians in Lebanon are running out of money, Hezbollah has no financial problems at all. Some of the money comes from Iran and donations from abroad, some through extortion, money laundering and drug dealing. 00:00 Start 00:47 How well can a financial structure be hit from the air? 02:54 What type of financial institution was hit and what does that mean? 04:44 How much wealth does Hezbollah have? 06:13 Does Germany send money to Hezbollah? 09:23 How are the civilians in Lebanon doing? 11:17 Can Hezbollah be fought in the long term? 12:26 How does Israel justify the death of Lebanese civilians? 13:59 What has the international community done to combat terrorist financing? 15:43 Assessment: Will the war in Lebanon be one that will never end? 19:36 Farewell

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