New Delhi: Israel on Monday said it has declassified intelligence which claims the presence of secret Hezbollah financial hub beneath a Beirut Hospital. According to the Israeli Defence Forces (IDF) the bunker contained millions of dollars of money and gold, allegedly used to fund group’s operations.

This disclosure followed a series of targeted airstrikes on the site, conducted by the Israeli Defence Forces on Sunday night, aimed at Hezbollah’s financial assets.

IDF spokesperson Rear Admiral Daniel Hagari provided detailed information during a televised briefing, stating, “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 located directly under Al-Sahel Hospital in the heart of Beirut “.

“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. Where is the bunker located? Directly under Al-Sahel Hospital in the heart of Beirut.”

Listen to IDF Spox.… pic.twitter.com/SjMZQpKqoJ

— Israel Defense Forces (@IDF) October 21, 2024

Sunday Night Airstrikes

Sunday night’s airstrikes targeted nearly 30 Hezbollah-linked locations, including sites operated by Al-Qard Al-Hassan, a financial firm linked to Hezbollah.

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AQAH, though has been registered as a charity trust, has been accused by both Israel and United States of serving as a critical financial arm of Hezbollah, facilitating its access to cash and gold reserves for military purposes.

Hagari claimed that one of the sites had an underground vault containing tens of millions of dollars and gold, resources that were allegedly being used to fund attacks on Israel. Hagari did not confirm whether all the the funds were destroyed in the strikes or not. He mentioned that further airstrikes on the financial hub could be expected.