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Tuesday 20th March 2018

Argentina Freezes Hezbollah Assets, Brands it Terrorist Organisation

Counterterrorism & Security

7Dnews London - Reuters

Thu, 18 Jul 2019 20:57 GMT

Argentinian authorities ordered the freezing of Hezbollah assets in the country on Thursday July 18th and effectively designated the Lebanese armed group, which it blames for two attacks on its soil, a terrorist organisation, according to Reuters.

The announcement coincided with a visit by US Secretary of State Mike Pompeo as Argentina marks the 25th anniversary of the deadly bombing of a Jewish community centre in Buenos Aires in which 85 people died. Argentina blames Iran and Hezbollah for the attack. Both deny any responsibility.

Argentina also blames Hezbollah for an attack on the Israeli embassy in Buenos Aires in 1992 that killed 29 people.

Argentina's financial information unit ordered the freezing of assets of members of Hezbollah and of the organisation a day after the country created a new list of people and entities linked to terrorism.

"At present, Hezbollah continues to represent a current threat to security and the integrity of the economic and financial order of the Argentine Republic," the financial information unit said in a statement.

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