U.S. Offers Reward for Information on Hezbollah's Financial Networks

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U.S. Offers Reward for Information on Hezbollah's Financial Networks

The United States on Monday offered a reward of up to $10 million for information leading to the disruption of the financial mechanisms of Hezbollah.

"This announcement marks the first time that the Department has offered a reward for information on Hezbollah’s global financial networks," read a statement issued by the State Department's Rewards for Justice Program.

The statement explained that rewards can be provided for information leading to the identification and disruption of:

- a source of revenue for Hezbollah or its key financial facilitation mechanisms;

- major Hezbollah donors or financial facilitators;

- financial institutions or exchange houses facilitating Hezbollah transactions;

- businesses or investments owned or controlled by Hezbollah or its financiers;

- front companies engaged in international procurement of dual-use technology on behalf of Hezbollah; and

- criminal schemes involving Hezbollah members and supporters which financially benefit the organization.

The State Department highlighted three individuals as examples of the type of key Hezbollah financiers or facilitators about whom it seeks information.

All of the below three individuals have been designated by the U.S. Department of the Treasury as Specially Designated Global Terrorist (SDGT):

- Adham Tabaja is a Hezbollah member who maintains direct ties to senior organizational elements, including the group’s operational component, Islamic Jihad. Tabaja also holds properties in Lebanon on behalf of the group and conducts business throughout the Middle East and West Africa. He is majority owner of the Lebanon-based real estate development and construction firm Al-Inmaa Group for Tourism Works.

- Mohammad Ibrahim Bazzi is a key Hezbollah financier who has provided millions of dollars to the group generated from his business activities in Europe, the Middle East, and Africa. He owns or controls Global Trading Group NV, Euro African Group LTD, Africa Middle East Investment Holding SAL, Premier Investment Group SAL Offshore, and Car Escort Services S.A.L. Off Shore.

- Ali Youssef Charara is a key Hezbollah financier as well as Chairman and General Manager of Lebanon-based telecommunications company Spectrum Investment Group Holding SAL, and has extensive business interests in the telecommunications industry in West Africa. Charara has received millions of dollars from Hezbollah to invest in commercial projects that financially support the group.

Source: Kataeb.org