Sunday, May 7, 2017

Iran Regime's Proxy in Severe Financial Difficulty

http://www.ncr-iran.org/en/news/terrorism-fundamentalism/22686-iran-regime-s-proxy-in-severe-financial-difficulty

NCRI - Reports indicate that Iran’s proxy group Hezbollah is bordering on bankruptcy because of its massive expenditure in Syria.
Another reason for its financial crisis is the effect of US sanctions that is reducing its ability to spend. (The top members of course are making sure they do not lose out though.)
It seems like the group has had to resort to other ways of bringing in money – drug trafficking, money laundering, counterfeiting and property schemes.
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.

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