U.S. Targets Hizballah Fundraisers in South America

[AP/Fox News] Jeannine Aversa - The U.S. Treasury Department took action Wednesday aimed at choking off a major fundraising channel for Hizballah operating in the tri-border area of Argentina, Brazil, and Paraguay. Americans are forbidden from doing business with nine people and two entities in Paraguay, and any bank accounts or other financial assets belonging to them in the U.S. must be frozen. The department says those designated have provided financial and logistical support to Hizballah, which the U.S. considers a terrorist organization.


2006-12-07 01:00:00

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