IDF: Branches of Hezbollah-linked quasi-bank struck in Beirut yesterday

Emanuel (Mannie) Fabian is The Times of Israel's military correspondent

The Israeli Air Force struck several branches of a Hezbollah-linked financial institution, along with other infrastructure belonging to the terror group, across Lebanon yesterday, the military says.

Sites belonging to the Al-Qard al-Hasan association, which is known to be used by the terror group as a quasi-bank, were struck in Beirut.

Other Hezbollah sites, including weapon depots, were struck in the eastern Beqaa Valley and in southern Lebanon, according to the IDF.

The military says AQAH is used by Hezbollah to store money, manage salaries for its operatives, transfer funds from Iran, and purchase weapons.

Numerous AQAH sites have been struck by the IDF in Lebanon in recent days, which the IDF says is part of an effort to “deepen the blow to the Hezbollah terror organization and its resources.”

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