Report: Hizballah banks bombed

Tuesday, July 25, 2006 |  by Staff Writer  

A television report said that Israel has bombed Lebanese banks holding Hizballah money. NBC, an American network, reported that in the past few days Israel has intentionally targeted financial institutions in Beirut and other cities throughout Lebanon, among them Tyre, Sidon and Nabatiyeh.

Israeli intelligence sources told NBC that at least 12 financial institutions that supported Hizballah were attacked, adding that the organization, which secretly managed its funds, is now short on cash due to the bombings.

Some of the banks that held Hizballah accounts were completely destroyed, while others were damaged but not completely demolished. NBC said that in one incident the Israeli Air Force bombed the home of a bank manager as a warning to other Lebanese bankers not to deal with Hizballah.

Want more news from Israel?
Click Here to sign up for our FREE daily email updates

Current Issue
Sign Up for Daily Email Updates

Keep up with events in Israel with our FREE daily email newsletter and special offers.

Popular Posts
US Backs Israel in Quitting Peace Talks
After Abbas forges unity deal...