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Israel and the United States aren’t just targeting the Lebanese militant group’s weapons. They’re going after its money. By Euan Ward Eric Schmitt Ronen Bergman and Hwaida Saad Euan Ward reviewed internal banking documents and emails and, with the reporting team, spoke with dozens of Lebanese, U.S., Israeli and Hezbollah officials. When Israel launched its latest war against Hezbollah in March, the first targets the military warned it would strike were not weapons depots or underground command centers. Israeli fighter jets leveled more than a dozen branches of a shadowy financial institution known as Al-Qard al-Hassan, long accused of operating as Hezbollah’s bank in Lebanon.
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Now, Hezbollah is grappling with its most severe economic strain in years, according to documents reviewed by The New York Times and interviews with Lebanese, U.S. and Israeli officials and Hezbollah insiders.
