Author: By PETER MARKO TASE

Hezbollah’s underground financial operations in South America, particularly in Paraguay, continue to thrive despite US sanctions on key officials. The Tri-border region connecting Argentina, Brazil, and Paraguay serves as a hub for financing terrorism through money laundering. In January 2023, the US Treasury Department sanctioned former Paraguayan President Horacio Manuel Cartes Jara and Vice President Hugo Adalberto Velazquez Moreno for their involvement in corruption and ties to Hezbollah. The ongoing illicit activities supported by these officials hinder efforts to tackle Hezbollah’s money laundering networks. Paraguay’s Attorney General Emiliano Rolón Fernández’s lack of action against terrorism financing operations further enables Hezbollah’s…