Saudi Banks to Cooperate in Monitoring Money of Hizbullah-Affiliated Members
إقرأ هذا الخبر بالعربية
Saudi banks expressed on Saturday readiness to cooperate with security agencies and hand over the bank accounts and transactions of the people affiliated with Hizbullah.
The Gulf Cooperation Council officials had met in Riyadh on Thursday to coordinate sanctions in the six member states against Hizbullah over its support for the Syria regime.
Despite that revealing bank accounts is considered prohibited, however the Saudi banks said they will cooperate “absolutely and unconditionally” with the Interior Ministry in this regards as the matter is related to the nation's highest interests and threatens the national security.
The GCC's meeting on Thursday was "to develop mechanisms to monitor movements, financial transactions and business operations of Hizbullah," said Bahraini deputy interior minister Khaled al-Absi.
The GCC monarchies decided on June 10 to impose sanctions on Hizbullah, targeting residency permits and its financial and business activities in reprisal for the group's armed intervention in Syria.
Absi told reporters two expert teams will be formed: one to "coordinate with central banks" and the second to review "legal, administrative and financial matters" linked to the sanctions.
Last month's measure was taken "after the discovery in GCC states of several terrorist cells linked to the group," said Absi.
However, he did not say how many Hizbullah suspects would be affected by the sanctions or their estimated assets and financial and commercial operations in the region.
The sanctions would be implemented "in coordination... with ministers of commerce and the central banks of the GCC," the council's Secretary General Abdullatif al-Zayani has said.
The GCC comprises Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
Qatar expelled 18 Lebanese citizens from the gas-rich Gulf state on June 20.
An estimated 360,000 Lebanese work in the Gulf, remitting some $4 billion (three billion euros) annually.
Lebanon has a population of just 4.1 million.
A staunch ally of Syrian President Bashar Assad, of the Alawite sect of Shiite Islam, Hizbullah has backed him since protests erupted in March 2011, openly declaring its military involvement last month.
The Sunni monarchies of the Gulf back the mostly Sunni rebels, and the GCC has warned that it might add Hizbullah to its list of terrorist groups.
06 July 2013, 12:27
173
lol
that guy looks very professional on the picture. ahamma shi the two phones
06 July 2013, 20:11
12
Kanaan. That head dress is saudi. That's one. And two. I worked in the gulf. We were paid great salaries. And enjoyed peace. Security. Freedom of worship. And they were some of my best years. Not sure if you think that is slavery and listening to and hanging at the word of ANY politician and being controlled to keep the last front against Israel open OR having Suria as an enemy and keep our lands under constant wars. Guns. Rockets. Fear. Hate. Etc. etc. is being free. In that case you are free my friend. Free as a bird.
06 July 2013, 17:16
12
This forum has become hizbCocaine infested and the moderators are complicit in this, by banning the free speakers from this forum and letting one group take over! and they call them self free. LMAO.
06 July 2013, 18:34
12
iranpatriot, mistress of deception. Western avatar, Faqih mind set. Phoenician boasting, Persian soul. Gentle-looking, obsessed by cannibals and knife slasher HA Warriors. Complicated character indeed, I feel your pain.
07 July 2013, 00:33
00
you wanna track the money of hizballah affiliated members, better check the lebanese banks in Switzerland... that's where the big chunks are...
07 July 2013, 00:47
02
Monies earned in the Gulf and sent back to Lebanon – account for 18 percent of Lebanon’s GDP, according to a World Bank report,
Monies8
Lebanese national currency, to the crucial commercial and financial investment, to the personal bank accounts Gulf citizens keep – but perhaps most crucially, in remittances.
The arab states can crush Lebanon in day if they wanted to
immediately send it into extreme poverty
Iran just again devalued its own currency & it cant keep pumping money into syria for ever , the few billion they gave assad is about to run out very soon which will force syria to take drastic measures, soon syria wont be able to pay its workers or armed forces, party of shia lol,
07 July 2013, 01:51
11
True that most terrorists are made so (not born so) .... either by brainwashing such as HA is doing now, or through atrocities and terrible personal losses such as Sakkar in the above video.
Quoting the Syrian poet again: "Those to whom evil is done, do evil in return."
I wish HA did shed his military wing in 2005 and helped build the state, then their memory would have unparalleled as true resistance. Instead they continued on to pursue the Welayat El-Faqih under the slogan of resistance. Hence undoing in 7 years all their previous heroic achievements.
07 July 2013, 19:49
00
Hey fool, your wrong, this is the facts
Monies earned in the Gulf and sent back to Lebanon – account for 18 percent of Lebanon’s GDP, according to a World Bank report,
Monies8
Lebanese national currency, to the crucial commercial and financial investment, to the personal bank accounts Gulf citizens keep – but perhaps most crucially, in remittances.
The arab states can crush Lebanon in day if they wanted to
immediately send it into extreme poverty
Iran just again devalued its own currency & it cant keep pumping money into syria for ever , the few billion they gave assad is about to run out very soon which will force syria to take drastic measures, soon syria wont be able to pay its workers or armed forces, party of shia lol, '
