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Hezbollah, Short on Support From Iran, Turns to Drug Trafficking in Venezuela To Fill Its Coffers

By Adam Kredo

Hezbollah terrorists are flocking to Venezuela as the terror group—and Iran’s most important proxy—increasingly turns to drug trafficking as a way to raise revenue in the aftermath of Israel’s successful campaigns against the Islamic Republic and its “Axis of Resistance,” sources familiar with Hezbollah’s operations told the Washington Free Beacon.

As former assistant secretary for terrorist financing at the Treasury Department Marshall Billingslea told a Senate Caucus on International Narcotics Control hearing in October, more than 400 Hezbollah field commanders received direction “to evacuate to Latin America, and Venezuela is specifically identified.” These commanders joined nearly 11,000 other Hezbollah-tied operatives who landed in Venezuela between 2010 and 2019.

While the Iran-backed terror group has long taken advantage of the Venezuelan regime’s hospitality, the increased focus on drug trafficking suggests that it is scrambling to find sources of funding outside the Islamic Republic. Iran has provided upwards of $700 million to Hezbollah each year—or about 70 percent of the terror group’s annual budget—but is no longer contributing enough to keep its proxy afloat, the sources familiar with Hezbollah’s presence in Latin America said…

READ FULL ARTICLE HERE… (freebeacon.com)

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