Israel reveals secret Hezbollah financial hub, claims it found $500 Million in cash & gold under Nasrallah's bunker

PTC News Desk: Israel has announced that it has declassified intelligence claiming the location of a secret Hezbollah financial hub beneath a Beirut hospital. According to the Israel Defence Forces (IDF), the bunker had hundreds of millions of dollars in cash and gold, which was allegedly used to fund the group's operations.

This news comes after the Israeli Air Force conducted a series of targeted airstrikes against Hezbollah's financial assets on Sunday night. During a televised briefing, IDF spokesperson Rear Admiral Daniel Hagari said, "Tonight, I am going to declassify intelligence on a site that we did not strike--where Hezbollah has millions of dollars in gold and cash in Hassan Nasrallah's bunker. The bunker is situated directly beneath Al-Sahel Hospital in the middle of Beirut."

Hagari stated that the site had not yet been struck, despite the alleged presence of huge financial resources. "According to estimates, this bunker contains at least half a billion dollars in dollar bills and gold. This money could and still can be used to rebuild Lebanon," he stated.

The bombings on Sunday night targeted almost 30 Hezbollah-linked sites, including those run by Al-Qard Al-Hassan (AQAH), a Hezbollah-affiliated financial firm. AQAH, despite being registered as a charity, has been accused by Israel and the US of operating as Hezbollah's vital financial arm, providing access to cash and gold reserves for military objectives.

Hagari stated that one of the main targets was an underground vault storing tens of millions of dollars in cash and gold, which was allegedly used to fund attacks on Israel. While Hagari could not specify whether all of the funds were destroyed in the strike, he did say that more airstrikes could be expected, particularly against additional financial hubs.

The bombings came after Israel expanded its efforts to destroy Hezbollah's financial backing. According to IDF Chief of Staff Lt Gen Herzi Halevi, the campaign included around 300 strikes on Hezbollah positions in Lebanon over the course of 24 hours, including vital financial and logistical bases.