Wave of airstrikes hit organization managing Hezbollah’s cashflow — IDF

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

The IDF says it has completed a wave of airstrikes targeting branches of the Hezbollah-linked Al-Qard al-Hasan association, which is known to be used by the terror group as a quasi-bank.

Strikes carried out by the Israeli Air Force yesterday hit various assets and vaults of AQAH, the military says.

In the past week, a total of some 30 assets of the financial institution were struck across Lebanon, according to the IDF.

Ahead of the strikes, the IDF issued evacuation warnings to Lebanese civilians.

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

Most Popular
If you’d like to comment, join
The Times of Israel Community.
Join The Times of Israel Community
Commenting is available for paying members of The Times of Israel Community only. Please join our Community to comment and enjoy other Community benefits.
Please use the following structure: example@domain.com
Confirm Mail
Thank you! Now check your email
You are now a member of The Times of Israel Community! We sent you an email with a login link to . Once you're set up, you can start enjoying Community benefits and commenting.