Sanctions have not been effective - AQAH has been sanctioned since 2007, and only the direct military threat on Iranian planes bringing cash seems to be having the desired impact.
The quiet part is here in the details - Iran is Hezbollah’s financier - confirming what everyone has known for decades. AQAH is unlicensed, yet they do business with AQAH because they know that someone (Iran) will guarantee AQAH’s debts. More importantly, it shows a path forward for Lebanon - to simply enforce their existing sovereignty and laws - punishing banks that do business with unlicensed banks.
Sanctions have not been effective - AQAH has been sanctioned since 2007, and only the direct military threat on Iranian planes bringing cash seems to be having the desired impact.
The quiet part is here in the details - Iran is Hezbollah’s financier - confirming what everyone has known for decades. AQAH is unlicensed, yet they do business with AQAH because they know that someone (Iran) will guarantee AQAH’s debts. More importantly, it shows a path forward for Lebanon - to simply enforce their existing sovereignty and laws - punishing banks that do business with unlicensed banks.