The IDF has eliminated the Head of the “Al-Sadiq” Currency Exchange who worked with the Hezbollah terrorist organization to transfer funds for the group’s operations.
The Israeli Air Force struck and eliminated Haytham Abdullah Bakri on Tuesday, in southern Lebanon.
Bakri was the head of the “Al-Sadiq” Currency Exchange, through which he transferred funds to Hezbollah.
The “Al-Sadiq” Currency Exchange is a conduit through which Iran’s Islamic Revolutionary Guard Corps (IRGC) Quds Force transferred funds to Hezbollah. “Al-Sadiq” also served as a funds storage facility for the terrorist organization.
Hezbollah uses the funds for purchasing weapons, manufacturing, and providing salaries to operatives, in addition to financing the continuation of Hezbollah’s terrorist activities.
Last weekend in Iran, the IDF eliminated Behnam Shahriyari, the commander of the Quds Force’s Unit 190.
Shahriyari exclusively oversaw the mechanisms that enabled the transfer of hundreds of millions of dollars annually to the Quds Force and its proxies.
These mechanisms included money transfer routes from the Quds Force to Hezbollah, using offsets between currency exchanges in Turkey, Iraq, and the United Arab Emirates with Lebanese currency exchanges.
Taken together, the two assassinations are a severe blow Iran’s financing routes to Hezbollah.
