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    You are at:Home»Israel News»IDF Reveals Hezbollah Bunker With $500 Million in Gold
    IDF reveals Hezbollah bunker with $500 million in gold

    IDF Reveals Hezbollah Bunker With $500 Million in Gold

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    By mackenzie on October 24, 2024 Israel News, Middle East
    IDF kills head of Hezbollah’s financial arm in Damascus strike

    The IDF revealed formerly classified intelligence about the Hezbollah terror organization’s financial network on Monday, including the location of a secret bunker with approximately $500 million in gold and cash located under Sahel General Hospital in the heart of Beirut, Lebanon.

    The revelations came as Israel targets Hezbollah’s economic infrastructure, in addition to its military sites, as demonstrated in the strikes on the Al-Qard Al-Hassan bank.

    According to the military, the Al-Qard Al-Hassan association “finances Hezbollah’s terrorist activities directly, including the purchase of weapons, and the payment and distribution of salaries to the operatives of Hezbollah’s military arm.”

    The organization has also allowed Hezbollah to avoid the effects of some U.S. sanctions by operating a separate banking system from the Lebanese economy, with support from Iranian funding.

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