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Failure of the American-Saudi strategy for Lebanon

Hezbollah lender hit by hackers exposing hundreds of accounts

SHARE A Hezbollah-affiliated financial establishment has been hit by hackers who claim to have posted online records that would lay bare a complex financial network with thousands of clients across Lebanon. A Hezbollah representative confirmed to The National that there had been a breach at Al Qard Al Hassan but said it was limited in scope. The official did not confirm the authenticity of the leaked databases, which The National couldn’t verify independently. Founded in the 1980s as a non-governmental organisation, Al Qard Al Hassan, which translates into Benevolent Loan, was subject to US sanctions in 2007. It provides various financial services including interest-free loans in US dollars.

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