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Home Middle East

Israel Targets Financial Networks Supporting Hamas & Hezbollah

July 20, 2024
Israel Targets Financial Networks Supporting Hamas & Hezbollah

A poster depicting Lebanon's Hezbollah leader Sayyed Hassan Nasrallah is seen in Naqoura, near the Lebanese-Israeli border, southern Lebanon. AZIZ TAHER (REUTERS)

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Reports have revealed that Israel has killed money changers in Gaza, Lebanon, and Syria for financing Hezbollah and Hamas. In its ongoing war against the financial sources supporting militant organizations, Israel conducted an airstrike on Thursday morning that killed Taha Imad al-Nadim in Deir al-Balah. Al-Nadim was a money changer at Cairo Exchange, and two other money changers working with him were also killed.

Last night, buildings belonging to Cairo Exchange, managed by Al-Din family in Deir al-Balah and other areas of the Gaza Strip, were bombed. This strike is part of a series of assassinations targeting money changers and businessmen involved in funding Hamas in the Gaza Strip, such as Sobhi Farawna and his brother, who were targeted in recent months.

Additionally, Israel has seized the contents of several exchange shops and arrested their owners in Gaza. In Lebanon, Israel has targeted major money changers and businessmen involved in funding Hezbollah, including the killing of money changer Mohammad Ibrahim Sarour, who was found dead in his home.

Recently, prominent Syrian businessman Mohammad Bara’a Qaterji, known for his involvement in the oil and arms trade and accused of drug trafficking in Lebanon, was assassinated. Israel considers Qaterji a financier of terrorism with ties to the Quds Force in Syria.

Israel appears determined to strike at the financial sources and individuals involved in supporting terrorism, including money changers, businessmen, political figures, civilians, and charitable organizations linked to militant groups. This campaign extends beyond Gaza and Lebanon to Syria and other regions, including Iran and Yemen.

Tags: HamasHezbollahIsrael
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