News Today: U.S. Treasury: Iran has multiplied its support for Hezbollah - Hot News

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News Today: U.S. Treasury: Iran has multiplied its support for Hezbollah - Hot News-News of the United States was founded in 1933 by David Lawrence (1888-1973), which also started the World Report in 1946. The two magazines are covering national and international news separately, but Lawrence combines them into news reports of U.S. in World and 1948 [1] and Later sold the magazine to its employees. Historically, this magazine tends to be a bit more conservative than the two main competitors, Time and Newsweek, and focus more on the story of economic, health, and education. It's also distancing news, entertainment and sports celebrities. [2] an important milestone in the history of the beginning of the magazine is including the introduction of the "Washington Whispers" column in 1934 and the column "News You Can Use" in 1952. [3] [4] in 1958, the circulation of the weekly magazine passed one million and two million in 1973. (wikipedia) News Today: U.S. Treasury: Iran has multiplied its support for Hezbollah - Hot News

A senior official at the United States Treasury said on Tuesday that Iran has multiplied its support for the Hezbollah terrorist group to a figure exceeding $700 million, more than three times as much as previous estimates of funding for the Lebanon-based group.
 
Speaking at the Foundation for Defense of Democracies (FDD) in Washington and quoted by The National, the U.S. Treasury under-secretary for terrorism and financial intelligence, Sigal Mandelker, condemned the Iranian government’s behavior on multiple fronts including funding illicit activities and supporting terrorism.
 
She also referenced U.S.-UAE cooperation and the efforts last month to uncover and break up a secret financial network sending money to Iran’s Revolutionary Guard (IRGC) and Quds Force.
 
Mandelker accused the Iranian regime of using shell and front companies, and forging documents to conceal its tracks in order to “fund terrorists, support weapons of mass destruction proliferation, or exploit its own people through corruption and human rights abuses.”
 
On Hezbollah particularly, she said, “Iran provides upwards of $700 million a year to Hezbollah.” That’s triple the $200 million figure previously estimated by the U.S. before Hezbollah’s involvement in Syria.
 
Mandelker, a former prosecutor at the department of justice, accused Iran of undermining the international financial system. She said Iran’s central bank had a direct role in directing the terror funding activities.
 
“What is all the more remarkable about this activity is that we are seeing Central Bank of Iran complicity in Quds Force financing,” said Mandelker, according to The National.
“We took action with our partners in the UAE to designate this network and shut it down” she added, urging other countries to follow suit. READ MORE


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