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Home > Acquisitions > New U.S. Bill Was Just Introduced To Stop Hezbollah Money Laundering
Oct6 - 20

New U.S. Bill Was Just Introduced To Stop Hezbollah Money Laundering

On September 30th, U.S congressman Joe Wilson introduced The “Hezbollah Money Laundering Prevention Act of 2020.”

This official legislation would stop the Iranian-backed organization from committing money laundering activities across the world, especially in Lebanon and Latin America, by cutting off banks in regions under Hezbollah’s control.

“This bill represents the toughest sanctions on Hezbollah ever proposed by Congress,” Wilson said in a statement, explaining that it will “dry up” Hezbollah’s resources, and prevent it to undertake attacks. Read the complete article HERE.

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