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.

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