Defense Minister Israel Katz announced on Monday the imposition of economic sanctions on a Hezbollah fundraising campaign that purports to help terrorist operatives wounded during Israel's September "exploding pager" operation.
The sanctions, recommended by the Israeli National Bureau for Counter Terror Financing, are part of a broader initiative by the Defense Ministry to disrupt the financial networks of Iran's Lebanese terrorist proxy.
The campaign, hosted on various crowdfunding platforms, has raised tens of thousands of dollars through credit card transactions, bank transfers, and PayPal. These funds have reportedly been channeled to reinforce Hezbollah's personnel and restore its operational capabilities.
"We are taking decisive action to dry up Hezbollah's financial resources as it works to rebuild its capabilities. Every dollar blocked is a step closer to weakening this terrorist organization," Katz said.
He added, "This move underscores our zero-tolerance approach and sends a clear warning to those attempting to fund terrorism under the pretense of humanitarian aid. Israel will thwart every effort to jeopardize our security and will ensure the safety of our citizens."
Paul Landes, head of the National Bureau for Counter Terror Financing, emphasized the coordinated effort with the intelligence community to dismantle Hezbollah's financial infrastructure.
"Today's sanctions mark another significant step in preventing Hezbollah's resurgence and cutting off its funding channels," he said.
This JNS.org report was republished with permission from Jewish News Syndicate.