US: Hezbollah ‘in worst financial shape in decades’

25 May 2016, 6:26 pm

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The US says that years of sanctions on Hezbollah have left it “in its worst financial shape in decades” and that there is no intention to let up the pressure on the Lebanese-based Shiite group.

“After many years of sanctions targeting Hezbollah, today the group is in its worst financial shape in decades. And I can assure you that, alongside our international partners, we are working hard to put them out of business,” Acting Under Secretary for Terrorism and Financial Intelligence Adam J. Szubin tells the House Committee on Foreign Affairs.

“I can assure you that, alongside our international partners, we are working hard to put them out of business,” he adds.