US offers $10M reward for tips on South American Hezbollah networks
The United States on Monday announced a reward of up to $10 million for information that could help disrupt Hezbollah's financial networks in South America.
The State Department's Rewards for Justice programme issued the announcement, with the request focused on the “tri-border area” of Argentina, Brazil and Paraguay, News.Az reports citing The National.
It added the group also generates its estimated $1 billion in annual revenue from commercial activities across Latin America, including construction, import and export of goods, and property sales.
The Rewards for Justice programme said such illicit activity is supplemented by financial support from Iran, international investment, donor networks and corruption.
The tri-border area has traditionally been associated with organised crime, particularly financing terrorist networks that take advantage of weak public institutions and major urban centres nearby.
Argentinian authorities believe the two most devastating terrorist attacks committed on South American soil – the bombing of the Israeli embassy in Buenos Aires in 1992 and the Argentine-Israeli Mutual Association in 1994 – were organised and planned by Iran and Hezbollah there.
The US designated Hezbollah a foreign terrorist organisation in 1997.
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