The Algeria-backed polisario group is at the heart of a money laundering scandal and shadowy terrorism financing network operated in Europe in connivance with Hezbollah, Iran-backed shiite militant group.
Citing financial investigators, reports from Spain’s Guardia Civil and terrorism experts, German daily “Die Welt” has revealed lately large-scale financial dealings and transactions between the Polisario militia and a Hezbollah network specializing in money laundering through the hawala system, which moves money via an informal compensation mechanism between currency-exchange nodes.
Once tainted money is injected into the formal financial system, Hezbollah transfers value back to its criminal clients by purchasing & selling goods, using classic money laundering techniques.
According to the German newspaper, investigators have discovered illicit money transfers between many European countries, including Germany, Belgium, France and Britain as well as Gulf States and the Polisario-controlled Tindouf camps in Southern Algeria.
Polisario hawala trading network, “Tires”, has been set up in Tindouf by two polisario operatives and brokers, Ahmed A. and his associate Azman. Ahmed A. boasts that he can transfer up to 50,000 euros anywhere and anytime.
He says that he will be able to make “even higher transfers”, underlined Die Welt, citing reports of Guardia Civil’s financial department. Ahmed A., who studied in Libya, is living in Spain since 2007. He specializes in illegal money transfers from Europe to West Africa and vice versa. He and his associate are based in Spain. They have good contacts with the Algerian generals.
To hide their illicit financial activities, the two Polisario hawala brokers have opened butcher shops and stores selling groceries and computers. They opened private accounts in several European banks which their clients can transfer money to.
These revelations confirm the Polisario-Hezbollah nexus, sounding the alarm bell for terrorism experts and international counter-terror agencies as Iran, a state sponsor of terrorism, is expanding its influence in West Africa.
Furthermore, the Mullah regime has provided the Polisario militias missiles and drones threatening regional stability, while Hezbollah has set up a training site in Tindouf camps for Polisario fighters with the blessing of the ruling Algerian junta.
The U.S. has already designated Hezbollah a terror organization. Time has come to include the Polisario armed militia and Algeria in its black list for their established connections with the Iranian regime!