Israel Says More Strikes Are Coming against a Hezbollah-Run Financial Institution

Smoke billows over Beirut's southern suburbs after an Israeli strike, amid the ongoing hostilities between Hezbollah and Israeli forces, as seen from Baabda, Lebanon October 22, 2024. (Reuters)
Smoke billows over Beirut's southern suburbs after an Israeli strike, amid the ongoing hostilities between Hezbollah and Israeli forces, as seen from Baabda, Lebanon October 22, 2024. (Reuters)
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Israel Says More Strikes Are Coming against a Hezbollah-Run Financial Institution

Smoke billows over Beirut's southern suburbs after an Israeli strike, amid the ongoing hostilities between Hezbollah and Israeli forces, as seen from Baabda, Lebanon October 22, 2024. (Reuters)
Smoke billows over Beirut's southern suburbs after an Israeli strike, amid the ongoing hostilities between Hezbollah and Israeli forces, as seen from Baabda, Lebanon October 22, 2024. (Reuters)

Israel said late Monday it planned to carry out more strikes in Lebanon against a Hezbollah-run financial institution that it targeted the night before and which it says uses customers' deposits to finance attacks against Israel.

At least 15 branches of Al-Qard Al-Hasan were hit late Sunday in the southern neighborhoods of Beirut, across southern Lebanon and in the eastern Bekaa Valley, where Hezbollah has a strong presence. One strike flattened a nine-story building in Beirut with a branch inside it.

The Israeli military issued evacuation warnings ahead of the strikes, and there were no reports of casualties.

Associated Press journalists witnessed strikes late Monday in the coastal region of Ouzai, near Beirut’s airport, and Lebanon’s Health Ministry said an airstrike near Beirut’s largest public hospital killed four, including a child, and wounded 24. It was the first strike on the Lebanese capital in 10 days.

Israeli ground forces invaded Lebanon earlier this month. The military said it aims to push Hezbollah out of southern Lebanon so that tens of thousands of Israelis can return to their homes nearby after more than a year of cross-border rocket and drone attacks. Israeli airstrikes have pounded large areas of Lebanon for weeks, forcing over a million people to flee their homes.

Hezbollah has been launching rockets into Israel nearly every day since Hamas' deadly raid into Israel last year that sparked the war in Gaza.

The United States is hoping to revive diplomatic efforts to resolve both conflicts after the killing of Hamas leader Yahya Sinwar last week, but so far all sides appear to be digging in.

Hezbollah-run lender filled gaps left by Lebanon's troubled banks

The Arabic language spokesman for the Israeli military, Avichay Adraee, said — without providing evidence — that Hezbollah stores hundreds of millions of dollars in the branches of Al-Qard Al-Hasan and that the money is used to purchase arms and pay fighters. The strikes were aimed at preventing the group from rearming, he said.

The institution, which has more than 30 branches across Lebanon, tried to reassure customers, saying it had evacuated all branches and relocated gold and other deposits to safe areas.

Many customers are civilians unaffiliated with Hezbollah. Al-Qard Al-Hasan, which is sanctioned by the United States and Saudi Arabia, has long served as an alternative to Lebanon's banks, which have imposed restrictions on customers since a severe financial crisis that began in 2019.

Israeli military spokesperson Rear Adm. Daniel Hagari said late Monday that Israel planned more strikes on Al-Qard al-Hasan.

Hagari said Iran funds Hezbollah by sending cash and gold to the Iranian embassy in Beirut, though he did not provide any evidence.

Hagari also said, without providing evidence, that Israeli intelligence had discovered a bunker belonging to former Hezbollah leader Hassan Nasrallah that is now being used as a vault under a hospital in southern Beirut. He said it held millions of dollars of gold and cash.

A member of Lebanon’s parliament who is the director of the hospital, Fadi Alameh, denied the claim, and said the hospital has underground operation rooms. Alameh said the hospital was being evacuated in anticipation of strikes.

Hagari said Israeli strikes in Beirut in early October and in Syria on Monday had also killed people responsible for transferring money between Iran and Hezbollah. Syrian state media said an Israeli airstrike hit a car in the capital of Damascus, killing two people and wounding three.

Israeli airstrikes killed 17 people in Lebanon on Monday, including four first responders, according to the country's health ministry. The Israeli military said Hezbollah fired 170 projectiles into Israel on Monday.



Revenge Attacks in Rural Damascus Raise Human Rights Concerns

Syrian security forces in Umayyad Square, Damascus, on January 8. (AFP)
Syrian security forces in Umayyad Square, Damascus, on January 8. (AFP)
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Revenge Attacks in Rural Damascus Raise Human Rights Concerns

Syrian security forces in Umayyad Square, Damascus, on January 8. (AFP)
Syrian security forces in Umayyad Square, Damascus, on January 8. (AFP)

Residents of Dummar, a suburb west of Damascus, publicly celebrated the execution of former local official Mazen Knaineh on Friday, raising alarm among civil society and human rights activists.

They called for justice and warned against lawless acts of revenge by armed groups.

Local sources said Knaineh had ties to Syrian security forces under former President Bashar al-Assad, particularly Branch 215, accused of killing detainees. Opposition figures claim he aided government raids on Dummar and Hameh in 2016.

The execution was reportedly carried out by armed locals who recently joined the new administration’s security forces. Residents had demanded his death, blaming him for the loss of many family members.

The incident has fueled calls to stop revenge killings and ensure justice is pursued legally in Syria’s fragile post-conflict period.

Civil society activists have raised concerns over the growing trend of extrajudicial executions in Syria, warning that such acts undermine the hopes of building a “new state” grounded in law and justice.

Lawyer and civil rights activist Rahada Abdosh expressed strong opposition to field executions, stating they are not a path to healing.

“Revenge will only bring more destruction to the country,” she told Asharq Al-Awsat.

“The abuse of corpses and the execution of individuals in front of children and their families is particularly troubling.”

Abdosh emphasized the need for specialized courts to prosecute those responsible for violence and bloodshed.

“We must hold everyone accountable for the harm they’ve caused,” she added.

Ahe warned that allowing groups to take action based on public complaints or accusations of crimes could repeat the abuses of the Assad regime, which carried out executions without trials.

She said this could “legitimize” the regime’s actions and noted that some accusations might be driven by personal revenge or unverified claims, risking more innocent victims.

Abdosh called on the current government to stop individual executions and abuses, urging the creation of a field court for fair trials. She stressed that transitional justice must include both acknowledging the crimes and offering compensation.

“Anything outside the law is a crime, and could be considered a war crime,” she added, highlighting that this could harm the government’s efforts to rebuild the country.

Sources close to Damascus military operations told Asharq Al-Awsat that there is increasing public pressure on the new administration to quickly deliver justice.

They noted that many families are grieving and impatient, while the government continues work on restoring security, disarming groups, and rebuilding, which will take time.

Civil activist Salma Al-Sayyad expressed her empathy for the grieving families in Dummar but warned that emotional reactions like vigilante justice could harm innocent people and fuel revenge.

“While I understand their pain and their desire for justice, I fear this could lead to more injustice,” she told Asharq Al-Awsat.

Al-Sayyad called for a future Syria based on the rule of law, where justice is carried out through fair trials, clear evidence, and a judge.

“We need an independent judicial system,” she emphasized.

In related developments, Syria’s military operations launched a large security campaign in rural Damascus, targeting individuals connected to the ousted regime.

This has led to clashes in areas like Qudsayya, where former regime officers and loyalist fighters are concentrated.