IDF said the exchange facilitated the transfer of funds originating from the Iranian Quds Force for “Hezbollah terrorist activities.”
Hezbollah is a Shia Muslim political and military group in Lebanon with strong backing from Iran. Israel views Hezbollah as a terrorist organisation along with many other countries, including the UK and the US.
“The ‘Al-Sadiq’ Currency Exchange serves as a funds storage and transfer mechanism for Hezbollah, for funds originating from the Iranian Quds Force,” IDF posted on the social media platform X.
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IDF accused the exchange platform of facilitating funding for Hezbollah, which it said the group then uses for purchasing weapons, manufacturing means, and providing salaries to operatives. IDF said the funds are also “diverted for terrorist purposes and to finance the continuation of Hezbollah’s terrorist activities.”
The development comes amid both Iran and Israel, after having agreed to a ceasefire during the early hours on June 24, accused each other of violating the ceasefire.
US President Donald Trump, who claims to have brokered the ceasefire, told reporters at a NATO summit in the Netherlands that it was going “very well.” “They’re not going to have a bomb and they’re not going to enrich.”
However, Iran has insisted that it will not give up its nuclear program, and in a vote underscoring the tough path ahead, Iranian parliament agreed to fast-track a proposal that would effectively stop the country’s cooperation with the International Atomic Energy Agency, according to AP.
Now, Pope Leo appealed to both countries not to pursue vengeance as he held his weekly general audience in St. Peter’s Square, at the Vatican.
“May all logic of oppression and revenge be rejected, and may the path of dialogue, diplomacy, and peace be chosen with determination,” he said.
(Edited by : Vipal Durge)
