The US stepped up its financial pressure on Hezbollah, offering a reward of up to $10 million for information on the group’s financial networks in Argentina, Brazil, and Paraguay.

US State Department said the “Rewards for Justice” program aims to disrupt Hezbollah’s funding operations, accusing the group’s financiers in the tri-border area of generating revenue through money laundering, drug trafficking, smuggling, counterfeiting, and other illicit activities, as well as legitimate businesses across Latin America.

Washington is seeking details that could help identify and dismantle Hezbollah’s funding sources, financial facilitators, supporting institutions, front companies, and criminal schemes benefiting the group.

This comes after the US Treasury imposed new sanctions on two senior Hezbollah officials and two financial facilitators based between Lebanon and Iran, accusing them of working closely with the group’s leadership to funnel money from foreign donors.

Al Akhbar