Report: Hizbullah Praises Salameh for Controlling Banking Measures Against Supporters

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Hizbullah praised Central Bank Governor Riad Salameh for preventing some banking institutions from using a U.S. law against Hizbullah as a punitive tool against its supporters, al-Akhbar daily reported on Friday.

After observing the performance of the Special Investigation Commission for Fighting Money Laundering for more than a month, Hizbullah sent a letter to Salameh which included recognition of his role in curbing some banking institutions and preventing them from converting the U.S. law into a tool to punish supporters of the Resistance, said the daily.

Two Lebanese banks have reportedly suspended three Hizbullah-linked accounts in conformity with a U.S. sanctions law, which triggered ire among Hizbullah circles that described the move as “crossing a red line,” and threatened that the “U.S. sanctions shall not pass.”

Hizbullah Loyalty to the Resistance parliamentary bloc has criticized Lebanon's central bank for saying it would abide by the U.S. law, which the Hizbullah lawmakers said violates Lebanon's sovereignty.

The U.S. Hizbullah International Financing Prevention Act says Washington will target those "knowingly facilitating a significant transaction or transactions for" Hizbullah or any individual, business or institution linked to the group.

Those under sanctions include Hizbullah leader Sayyed Hassan Nasrallah and top commander Mustafa Badreddine as well as some businessmen. The list also includes the group's al-Manar TV and al-Nour Radio.

The law triggered an unprecedented dispute between Hizbullah and the central bank widely seen as a pillar of stability.

Salameh has said on more than one occasion that the Central Bank will abide by the restrictions in the Hizbullah International Financing Prevention Act, which was signed into law in December.

SourceNaharnet
Comments 13
Thumb ex-fpm almost 8 years

The power of persuasion through planting bombs.

Missing humble almost 8 years

Do not worry. You know very well they are partners with the Mossad...

Missing imagine_1979 almost 8 years

No man i believe that hesbis are boy scoots helping old people cross the road, doing charity work and other good deeds..
In fact they are secular people, very modern and democratic, all this rethoric of them being under the comand of senile beerded khomaini, sheering for a fanatic iranian regime headed by a bunch of bearded dudes and with bassij (like our local black shirts guys) is only a zionist imperialist takfiri scheem :)

Thumb .mowaten. almost 8 years

"It is a wonder how israel mostly assassinated lebanese polititians opposed to assad regime and hezbollah use of arms.. "

Not really, Hariri supported the resistance and was very close to Nasrallah. But hey, don't let simple facts get in the way of your propaganda, please go on.

Thumb .mowaten. almost 8 years

maybe you're paid to post hbb, but i'm only here for the pleasure of frustrating you :)

Thumb EagleDawn almost 8 years

he never left;)

Thumb liberty almost 8 years

the sectarian iranian troll is back

Thumb justin almost 8 years

قتيل جديد لـ “حزب الله” في سوريا
لا تزال خسارات “حزب الله” في الحرب السورية تتسلسل وآخرها قتيل جديد سقط في سوريا هو علي قشمر الملقَّب بـ”علي عبدو بكر” من بلدة النبي عثمان البقاعية.

http://www.lebanese-forces.com/2016/07/22/ali-kochmor-hezbollah/

Missing humble almost 8 years

I encourage them to stay in Syria and continue defending a criminal butcher.

Thumb EagleDawn almost 8 years

3 hours ago NNA: The army arrested 3 suspects involved in the illegal trade of arms in raids in the towns of al-Kaniseh and Riha east of Bekaa, and confiscated raw materials used in the manufacturing of narcotics and hashish.

resistance!!!

Missing un520 almost 8 years

Must feel awkward for Salameh to get a pat on the back shoulder from Hezbollah. Kind of like a policeman getting a thumbs up from a criminal..

Thumb EagleDawn almost 8 years

Ex-President Michel Suleiman secured his path to the presidency following the May 7th invasion of Beirut by having the army watch the irannian sectarian terrorist militia take over the streets and institutions. Salameh might have just done the same thing on his way to Baabda Palace.

Thumb Elemental almost 8 years

I see the same tactic as usual, look what they did with Aoun and his family, among others. Iranian threats prevail on a sold out Lebanon.