Tag: kwexclusive

Iran has sent the Lebanese militia Hezbollah hundreds of millions of dollars over the past year via money exchanges and other businesses in Dubai, as Tehran seeks new ways to funnel money to its ally, people familiar with the matter said.

Hezbollah, a U.S.-designated terrorist group, is in desperate need of funds to rebuild and rearm its militia and pay other costs stemming from its bruising fight with Israel last year, the people said. Its smuggling routes through Syria were disrupted by the fall of the Iran-aligned Assad regime a year ago, and Lebanese authorities have made strides cracking down on couriers bringing suitcases of cash through the Beirut airport.