A News Aggregator That Covers The World's Major Wars And Conflicts. Military, Political, And Intelligence News Are Also Covered. Occasionally We Will Have Our Own Opinions Or Observations To Make.
Wednesday, July 4, 2012
Report: Lebanon's Banks Used By Iran To Evade Sanctions
Report says Hezbollah using Lebanon’s banks in money-laundering scheme, calls on firms to dump Lebanese debt.
In a move that could destabilize Beirut’s financial position, a US pressure group urged international financial firms on Tuesday to ditch Lebanese debt and securities, saying that Hezbollah is using Lebanon’s banks in a large scale money-laundering scheme that is also helping Iran evade banking sanctions.
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My Comment: If this report is true .... and if Iran is involved .... this case would make it to be one of the world's largest laundering schemes ever.

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