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Home In Brief

Ammonium nitrate in Beirut port linked to bank dealing with Hezbollah

by  i24NEWS and ILH Staff
Published on  08-23-2020 12:17
Last modified: 08-23-2020 09:28
Lebanon declares state of emergency in wake of Beirut blastEPA via @tayyaraoun1

The moment of the massive explosion that leveled the Port of Beirut on Aug. 4, 2020. It is believed the blast was the result of over 2,750 ton of ammonium nitrate igniting, Aug. 4, 2020 (EPA via @tayyaraoun1) | Screenshot: EPA via @tayyaraoun1

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The cargo of some 2,750 tons of ammonium nitrate that exploded on Aug. 4 in the Port of Beirut, killing 180 people, injuring some 6,000, and causing an estimated $15 billion in property damage, has been linked to a shadowy bank accused of having ties with Lebanon's Hezbollah terrorist group and the Syrian regime, i24News reported.

According to the report, the vessel that brought the cargo into the port in late 2013, setting the stage for the recent deadly blast, was owned by Charalambos Manoli, a major Cypriot businessman.

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At the time, Manoli had an unsettled debt with the Lebanese-owned FBME bank, an entity that has allegedly allowed financial transactions carried out by criminal and terrorist groups, including Hezbollah.

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