Funding of Hezbollah

The funding of Hezbollah comes from Lebanese business groups, private persons, businessmen, the Lebanese diaspora involved in African diamond exploration, other Islamic groups and countries, and the taxes paid by the Shia Lebanese.[1] Hezbollah says that the main source of its income comes from its own investment portfolios and donations by Muslims.

Western sources maintain that Hezbollah receives most of its financial, training, weapons, explosives, political, diplomatic, and organizational aid from Iran and Syria.[2][3] Iran is said to have given $400 million between 1983 and 1989 through donation. The situation changed due to economic problems, but in 2013 Iran still funded humanitarian efforts carried on by Hezbollah.[1] According to reports released in February 2010, Hezbollah received $400 million from Iran.[4][5][6] In 2011, Iran earmarked $7 million to Hezbollah's activities in Latin America.[7] Hezbollah also receives financial and political assistance, as well as weapons and training, from Iran.[8][6] Iranian support to Hezbollah has varied over the years,[9][10] but as of 2018 US officials estimate Iran transfers $700 million annually.[11][12]

Hezbollah has relied also on funding from the Shi'ite Lebanese Diaspora in West Africa, the United States and, most importantly, the Triple Frontier, or tri-border area, along the junction of Paraguay, Argentina, and Brazil.[13] U.S. law enforcement officials have identified an illegal multimillion-dollar cigarette-smuggling fund raising operation[14] and a drug smuggling operation.[15][16][17] However, Nasrallah has repeatedly denied any links between the South American drug trade and Hezbollah, calling such accusations "propaganda" and attempts "to damage the image of Hezbollah".[18][19]

  1. ^ a b Engeland, Dr Anisseh Van; Rudolph, Ms Rachael M (2013). From Terrorism to Politics. Ashgate Publishing, Ltd. pp. 33–34. ISBN 978-1-4094-9870-4.
  2. ^ "In the Party of God: Are terrorists in Lebanon preparing for a larger war? by Jeffrey Goldberg". The New Yorker. 14 October 2002. Retrieved 3 March 2007.
  3. ^ Levitt, Matthew. "Hezbollah Finances – Funding the Party of God." The Washington Institute. February 2005. 1 February 2015.
  4. ^ UN Office for the Coordination of Humanitarian Affairs (29 March 2006). "LEBANON: The many hands and faces of Hezbollah". Retrieved 17 August 2006.
  5. ^ Harel, Amos; Stern, Yoav (4 August 2006). "Iranian official admits Tehran supplied missiles to Hezbollah". Haaretz. Israel. Retrieved 21 May 2011.
  6. ^ a b Edward Cody and Molly Moore (2006-08-14). "The Best Guerrilla Force in the World". The Washington Post.
  7. ^ Soibel, Leah. "Iran in our own backyard". Daily News. Archived from the original on 8 January 2012. Retrieved 4 February 2015.
  8. ^ UN Office for the Coordination of Humanitarian Affairs (2004-12-22). "UN creates buffer zone in east, but regional administrator objects". irinnews.org. Retrieved 2019-10-17.
  9. ^ Washington Post, December 20, 2004 Lebanese Wary of a Rising Hezbollah Accessed August 8, 2006
  10. ^ CNN, November 7, 2001 Sources: Terrorists find haven in South America Archived 2007-02-14 at the Wayback Machine Accessed August 17, 2006
  11. ^ Iran pays Hezbollah $700 million a year, US official says, The National, 5 June 2018
  12. ^ Hezbollah paying the price of Iranian obstinance, YNET, 27 May 2019
  13. ^ Labaki, Boutros. "The Role of Transnational Communmities in Fostering Development in Countries of Origin." United Nations. 12 May 2006: 15–16. 31 July 2010.
  14. ^ "Cigarette Smuggling Linked to Terrorism". The Washington Post. 8 June 2004.
  15. ^ Levitt, Matthew (2007). Hamas. Yale University Press. p. 70. ISBN 978-0-300-12258-9.
  16. ^ Giraldo, Jeanne (2007). Terrorism Financing and State Responses. Stanford University Press. ISBN 978-0-8047-5565-8.
  17. ^ "US Treasury takes action against Hezbollah funders". Jerusalem Post. 24 April 2013.
  18. ^ "Nasrallah decries 'propaganda'". Al Jazeera. 25 October 2008. Retrieved 29 September 2013.
  19. ^ "Hezbollah denies drugs and money laundering claims". Agence France Presse. 22 December 2011. Retrieved 29 September 2013.