NCRI - Reports indicate that Iran’s proxy group Hezbollah is bordering on bankruptcy because of its massive expenditure in Syria.

NCRI Iran News | Terrorism and Fundamentalism

Around 70 per cent of Hezbollah’s annual finances is provided by Iran – approximately $1 billion. However, Iran is forcing Hezbollah further and further into the Syrian war, but is not providing any additional finance.

It is said that the group has been extorting donors and Lebanese expatriates around the world. This has angered those high up in the group because Lebanese Shiites have had to sell property and assets to keep the Hezbollah operations going.

The group has started to collect tariffs on goods in place of the government in areas of south and east Lebanon that border with Syria.
The war in Syria and the cost of fighting there has made a real impact on the group’s financial situation, but the US sanctions has just made it much worse.

The US sanctions restricted Lebanese banks from doing business with the group and Shiite businessmen in Lebanon want to steer clear in case they face sanctions too.
Hezbollah, no doubt feeling like it is in an impossible situation, is still funding the numerous social programs it supports to help the Shiite community in Lebanon. It is also still making payments to the families of fighters that have died or been hurt. This is clearly because it does not want to lose support.

The terror group leaders, however, seem to have disregarded the financial difficulties and are still helping themselves to the money pot. Apparently the son of Hassan Nasrallah – the Hezbollah leader – has helped himself to enough money to fund a whole chain of cafés in Beirut. And it must be noted that his father is worth around $250 million.

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NCRI INCRI - Reports indicate that Iran’s proxy group Hezbollah is bordering on bankruptcy because of its m
assive expenditure in Syria.an