HOW HEZBOLLAH’S TERRORIST FINANCING ROOTS IN LATIN AMERICA GREW INTO THE DRUG WORLD

On 16th October, KYC 360 said that understanding why Hezbollah has deep roots in the drug trade requires a historical view of Lebanon.  It also requires knowing that Latin America has a large Lebanese community, involved in the free trade zones of Colon in Panama, the Tri-Border-Area (the region where the borders of Paraguay, Argentina and Brazil meet), Maicao in Colombia, and other strategic zones have been dominated by businessmen of Lebanese descent.  More than 10 million people of Lebanese descent that now call Latin America their current home (Shakira, for example, has Lebanese connections).  The article alleges connection between some Lebanese businessmen, Hizbollah and the drug trade from Venezuela, including via West Africa.

https://www.riskscreen.com/kyc360/news/how-hezbollahs-terrorist-financing-roots-grew-into-the-drug-world/

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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