Israel Reveals Secret Iranian Gold Smuggling Trade to Finance Hezbollah

Israeli Defense Minister Yoav Gallant
Israeli Defense Minister Yoav Gallant
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Israel Reveals Secret Iranian Gold Smuggling Trade to Finance Hezbollah

Israeli Defense Minister Yoav Gallant
Israeli Defense Minister Yoav Gallant

Israeli Defense Minister Yoav Gallant recently issued an order to uncover a gold smuggling operation between Iran and Venezuela that is funding Lebanon’s Hezbollah terror activity, bypassing sanctions.

In a signed document, the Minister revealed that dozens of kilograms of gold were smuggled on an Iranian Mahan Air flight, which is subject to US sanctions, from Venezuela to Europe and Syria. The funds from the smuggled gold were transferred to Hezbollah.

It said the smuggling ring was uncovered during a joint effort between the National Bureau for Counter Terror Financing of Israel (NBCTF) and the Defense Ministry, along with the Israel Police and the Tax Authority.

The document published the names of a number of figures involved in the smuggling operation, mainly Badr Ad-Din Naimi Musawi, an Iranian businessman who owns two real estate companies registered in Britain, “Lotus Universal” and “Strattonview Properties Limited”, and the international trade company “Trading Acs” registered in Dubai.

Musawi is also a key player in the Iranian efforts to use several Latin American countries as intermediaries to evade sanctions on its oil exports and financial transactions, the document noted.

It also mentioned the name of Hamid Evranjad, the CEO of Mahan Air, who is also part of an effort by Iran to strengthen ties in South America and ultimately use those ties to bolster its own terrorist activity.

Also part of this gold trade scheme are high-ranking Hezbollah officials, including Ali Kasir, the representative of Hezbollah's Economic Affairs Ministry in Tehran, as well as Mohammad Kasir, the head of Hezbollah's logistics unit who dealt with the transfer of funds after the gold had been turned into cash.

“Iran sells oil to Venezuela to evade US, European and international sanctions. The price of oil is paid in gold,” the Israeli Minister’s document said.

The Iranian Revolutionary Guards’ Quds Force and Hezbollah then smuggle the gold from Venezuela to Iran to finance the activities of Tehran-backed militias in Lebanon, it added.

After the gold reaches Iran, it is transferred to currency in Türkiye, and perhaps other countries in Eastern Europe, as well as in Syria. The funds resulting from the deal are then sent to the Lebanese Hezbollah party.

The Israelis estimate the profit generated from this gold trade scheme at millions of dollars.

The Minister’s order came after an Iranian plane was detained in Argentina in mid-2022 on suspicion of also transporting gold.

The plane was registered under the commercial name of Emtrasur, a Venezuelan state-owned company. However, the plane was owned by Mahan Air of Iran, which the US government has sanctioned. It was granted to Venezuela for evading sanctions.

The plane made at least six trips between Caracas and Tehran, and between Moscow and Tehran in the winter and spring of 2022.

In June, a Washington court had transmitted a request to Argentine authorities to confiscate the cargo plane.



Landmine Victims Gather to Protest US Decision to Supply Ukraine

 Activists and landmine survivors hold placards against the US decision to supply anti-personnel landmines to Ukrainian forces amid Russia's invasion of Ukraine, during the Siem Reap-Angkor Summit on a Mine free World landmine conference in Siem Reap province on November 26, 2024. (AFP)
Activists and landmine survivors hold placards against the US decision to supply anti-personnel landmines to Ukrainian forces amid Russia's invasion of Ukraine, during the Siem Reap-Angkor Summit on a Mine free World landmine conference in Siem Reap province on November 26, 2024. (AFP)
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Landmine Victims Gather to Protest US Decision to Supply Ukraine

 Activists and landmine survivors hold placards against the US decision to supply anti-personnel landmines to Ukrainian forces amid Russia's invasion of Ukraine, during the Siem Reap-Angkor Summit on a Mine free World landmine conference in Siem Reap province on November 26, 2024. (AFP)
Activists and landmine survivors hold placards against the US decision to supply anti-personnel landmines to Ukrainian forces amid Russia's invasion of Ukraine, during the Siem Reap-Angkor Summit on a Mine free World landmine conference in Siem Reap province on November 26, 2024. (AFP)

Landmine victims from across the world gathered at a conference in Cambodia on Tuesday to protest the United States' decision to give landmines to Ukraine, with Kyiv's delegation expected to report at the meet.

More than 100 protesters lined the walkway taken by delegates to the conference venue in Siem Reap where countries are reviewing progress on the Anti-Personnel Mine Ban Treaty.

"Look what antipersonnel landmines will do to your people," read one placard held by two landmine victims.

Alex Munyambabazi, who lost a leg to a landmine in northern Uganda in 2005, said he "condemned" the decision by the US to supply antipersonnel mines to Kyiv as it battles Russian forces.

"We are tired. We don't want to see any more victims like me, we don't want to see any more suffering," he told AFP.

"Every landmine planted is a child, a civilian, a woman, who is just waiting for their legs to be blown off, for his life to be taken.

"I am here to say we don't want any more victims. No excuses, no exceptions."

Washington's announcement last week that it would send anti-personnel landmines to Kyiv was immediately criticized by human rights campaigners.

Ukraine is a signature to the treaty. The United States and Russia are not.

Ukraine using the US mines would be in "blatant disregard for their obligations under the mine ban treaty," said Tamar Gabelnick, director of the International Campaign to Ban Landmines.

"These weapons have no place in today´s warfare," she told AFP.

"[Ukraine's] people have suffered long enough from the horrors of these weapons."

A Ukrainian delegation was present at the conference on Tuesday, and it was expected to present its report on progress in clearing mines on its territory.