Saturday, December 31, 2011

  • Saturday, December 31, 2011
  • Challah Hu Akbar
Guest post by Challah Hu Akbar aka CHA

On January 26, 2011, Treasury designated Ayman Joumaa, as well as nine individuals and 19 entities as Specially Designated Narcotics Traffickers. According to Treasury, Joumaa’s network “used LCB [Lebanese Canadian Bank] to launder narcotics proceeds.” In addition, Treasury said that “Hizballah derived financial support from the criminal activities of Joumaa’s network.”

When Treasury designated the Lebanese Canadian Bank, on February 10, 2011, “as a financial institution of primary money laundering concern” it said that “Joumaa's organization uses, among other things, Hizballah couriers to transport and launder narcotics proceeds. Joumaa's organization pays fees to Hizballah to facilitate the transportation and laundering of narcotics proceeds.” According to Treasury, the investigation’s findings “exposes the terrorist organization Hizballah’s links to LCB and the international narcotics trafficking and money laundering network.”

The New York Times recently reported on the connection between the Lebanese Canadian Bank and Hezbollah and on December 15, a complaint was filed by the US government, which stated that “some of the funds move to LCB’s U.S. correspondent accounts via suspiciously structured electronic wire transfers to multiple U.S.-based used car dealerships—some of which are operated by individuals who have been separately identified in drug-related investigations.”

While much of the focus has since been on the 30 car dealerships reportedly tied to the Hezbollah scheme, one minor detail has been lost from the NY Times report.

For the United States, taking down the bank was part of a long-running strategy of deploying financial weapons to fight terrorism. This account of the serpentine, six-year inquiry and what has since been revealed is based on interviews with government, law enforcement and banking officials across three continents, as well as intelligence reports and police and corporate records.

So, what happened in February 2005six years prior to the LCB's designation?

Israeli National Security Council Counterterrorism Director General Danny Arditi met with Treasury U/S Stuart Levey and his delegation on February 14 in Ramat Hasharon, near Tel Aviv…During his briefing for the USDEL, Brigadier General  Danny Arditi was joined by his Deputy for International Coordination Amnon Zehavi, Advisor for Terrorism Finance Lt. Col. Udi Levi, Advisor for Intelligence Uzi Shaya, NSA Legal Advisor Roy Dick, Israeli Embassy officer Eynat Shlien, Advisor for Intelligence Lt. Col. Amon Prodik, and a military staffer.  Treasury U/S for Enforcement and Head of the Office of Terrorism and Financial Intelligence Stuart Levey was accompanied by Senior Advisor Adam Szubin, DAS Daniel Glaser, Senior Advisor Anne Wallwork, Public Affairs Specialist Molly Millerwise, IRS Senior Analyst Mark Weber, USSS Agent Jacqueline Marengo, USSS Agent Scott Salo, and Embassy notetaker.

Levi charged that at least two banks (the Lebanese-Canadian Bank and the Societe Generale de Banque au Liban) are "connected directly to the financial infrastructure of Hizballah."  In addition, he said, a Bank of America branch in the tri-border area of South America is handling Hizballah funds.  Shaya added that the Chavez government is allowing Hizballah to operate in Venezuela. Levi claimed that several NGOs in the United States are also supporting Hizballah and asked for them to be included on the USG lists of organizations that finance terrorism.  He agreed to provide further details on the banks and NGOs during the next terrorism finance meeting in Washington.

Should Israel get some credit?

EoZTV Podcast

Podcast URL

Subscribe in podnovaSubscribe with FeedlyAdd to netvibes
addtomyyahoo4Subscribe with SubToMe

search eoz




follow me

Follow by Email


Elder: elder -at- elderofziyon dot com
Mrs. Elder: mrs.elder -at-



For $18 donation

Sample Text

EoZ's Most Popular Posts Ever


Elder of Ziyon - حـكـيـم صـهـيـون

This blog may be a labor of love for me, but it takes a lot of effort, time and money. For over 12 years and over 25,000 articles I have been providing accurate, original news that would have remained unnoticed. I've written hundreds of scoops and sometimes my reporting ends up making a real difference. I appreciate any donations you can give to keep this blog going.


Donate to fight for Israel!

Monthly subscription:
Payment options

One time donation:

subscribe via email

Follow EoZ on Twitter!



The Jerusalem Report:"A seemingly indefatigable one-man operation, armed only with a computer, chutzpa and stamina."

Algemeiner: "Fiercely intelligent and erudite"

Omri: "Elder is one of the best established and most respected members of the jblogosphere..."
Atheist Jew:"Elder of Ziyon probably had the greatest impression on me..."
Soccer Dad: "He undertakes the important task of making sure that his readers learn from history."
AbbaGav: "A truly exceptional blog..."
Judeopundit: "[A] venerable blog-pioneer and beloved patriarchal figure...his blog is indispensable."
Oleh Musings: "The most comprehensive Zionist blog I have seen."
Carl in Jerusalem: "...probably the most under-recognized blog in the JBlogsphere as far as I am concerned."
Aussie Dave: "King of the auto-translation."
The Israel Situation:The Elder manages to write so many great, investigative posts that I am often looking to him for important news on the PalArab (his term for Palestinian Arab) side of things."
Tikun Olam: "Either you are carelessly ignorant or a willful liar and distorter of the truth. Either way, it makes you one mean SOB."
Mondoweiss commenter: "For virulent pro-Zionism (and plain straightforward lies of course) there is nothing much to beat it."
Didi Remez: "Leading wingnut"

Interesting Blogs


Abbas liar Academic fraud administrivia al-Qaeda algeria American Jews Amnesty analysis anti-semitism apartheid arab refugees Arafat archaeology art ASHREI B'tselem bahrain bbc BDS BDSFail Bedouin Beitunia beoz book review breaking the silence Cardozo Chanukah Christians conspiracy theories Cyprus Daphne Anson Davis report DCI-P double standards Egypt Elder gets results ElderToons Electronic Intifada EoZNews eoztv Erekat EU Euro-Mid Observer Fake Civilians 2014 Fatah featured Features fisking flotilla Forest Rain free gaza freedom of press palestinian style future martyr Gary Spedding gaza Gaza Platform George Galloway George Soros gideon levy gilad shalit gisha Goldstone Report Good news Grapel Guardian gunness Haaretz hamas Hamas war crimes hasbara Hasby 2014 Hasby 2016 Hebron helen thomas hezbollah history Hizballah Holocaust denial honor killing HRW Human Rights Humanitarian crisis humor Hypocrisy ICRC Ilan Pappe impossible peace incitement Indonesia international law intransigence iran Iraq Islamic Judeophobia Islamism Israel Loves America Israeli culture Israeli high-tech J Street jabalya jeremy bowen Jerusalem jewish fiction Jewish Voice for Peace jihad jimmy carter John Kerry jokes jonathan cook Jordan Juan Cole Judaism Judea-Samaria Kairos Karl Vick ken roth khalid amayreh Khaybar Lebanon leftists Linkdump lumish mahmoud zahar Malaysia max blumenthal McGraw-Hill media bias Methodist Miftah Mohammed Assaf Mondoweiss moonbats Morocco music Muslim Brotherhood Nakba Natural gas Nazi News nftp NGO NIF norpac NYT Occupation offbeat Omar Barghouti Opinion oxfam PA corruption PalArab lies Palestine Papers pallywood pchr PCUSA Peter Beinart Petra MB poll Poster Preoccupied Prisoners propaganda Proud to be Zionist purimshpiel Qaradawi Qassam calendar Rafah Ray Hanania real liberals reference Richard Falk rogel alpher roger cohen roger waters Saudi Arabia saudi vice self-death self-death palestinians sex crimes SFSU shechita sheikh tamimi Shujaiyeh Simona Sharoni SodaStream South Africa Speech stamps Syria Tarabin Temple Mount Terrorism This is Zionism Thomas Friedman Tunisia Turkey UCI UK UN UNDP unesco unhrc United Arab Emirates Unity unrwa UNRWA hate unrwa reports UNRWA-USA Varda Vic Rosenthal Washington wikileaks work accident X-washing Yemen zahran zionist attack zoo Zvi

Blog Archive