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Money Laundering Bulletin

Hezbollah in Lebanon – US sanctions, an impact assessment [Video]

Widely designated a terrorist organisation by the West and its allies in the Middle East, Hezbollah is a major political force in Lebanon. Local banks, fearful for their correspondent relationships with US financial institutions, have embraced US sanctions on the organisation but it has long managed to work alternative funding channels. Paul Cochrane explores whether US pressure is having any effect in interviews with lawyer Dr Ali Zbeeb and political commentator Lokman Slim.

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