Argentina orders freezing of Hezbollah assets on anniversary of deadly bombing

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Argentinian authorities ordered the freezing of Hezbollah assets in the country on Thursday and effectively designated the Lebanese extremist group. (File/AFP)
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In this file photo taken on July 18, 1994, a man walks over the rubble left after a bomb exploded at the Argentinian Israeli Mutual Association (AMIA in Spanish) in Buenos Aires. (AFP)
Updated 19 July 2019

Argentina orders freezing of Hezbollah assets on anniversary of deadly bombing

  • Argentinian authorities have effectively designated Hezbollah a terrorist organization
  • Argentina’s financial information unit ordered the freezing of assets of members of Hezbollah and the organization a day after the country created a new list for people and entities linked to terrorism

BUENOS AIRES: Argentinian authorities ordered the freezing of Hezbollah assets in the country on Thursday and effectively designated the Lebanese extremist group, which it blames for two attacks on its soil, a terrorist organization.
The announcement came on the 25th anniversary of the bombing of a Jewish community center in Buenos Aires in which 85 people died. Argentina blames Iran and Hezbollah for the attack. Both deny any responsibility. US Secretary of State Mike Pompeo is in the country to mark the anniversary.
Argentina also blames Hezbollah for an attack on the Israeli embassy in Buenos Aires in 1992 that killed 29 people.




In this file photo taken on July 18, 1994, a man walks over the rubble left after a bomb exploded at the Argentinian Israeli Mutual Association (AMIA in Spanish) in Buenos Aires. (AFP)


Argentina’s financial information unit ordered the freezing of assets of members of Hezbollah and the organization a day after the country created a new list for people and entities linked to terrorism.
The freezing of assets automatically places Hezbollah on Argentina’s registry, designating it a terrorist organization, a government source with direct knowledge of the action confirmed.
US and Argentine officials say Hezbollah operates in what is known as the tri-border area of Argentina, Brazil and Paraguay, where an illicit economy funds its operations elsewhere.


Riyadh’s Sri Lankan gem tycoon dies at 80

Updated 57 min 33 sec ago

Riyadh’s Sri Lankan gem tycoon dies at 80

  • Razeen Salih entered the Guinness Book of World Records for purchasing a 41.3 carat diamond for $4.6 million at a gem auction
  • He was the founder of Sri Lankan International School in Riyadh

COLOMBO: Razeen Salih, the celebrated Sri Lankan gem tycoon in Riyadh, died in India on Sunday night during a visit to the Tamil Nadu capital of Chennai.

The owner of Al-Nadeera Gem and Jewelry in Riyadh, 80-year-old Salih started his business in the Kingdom in late 1970s with his first shop, Al- Sharq Jewellers, in the Saudi capital.

In the early 1980s, Salih entered the Guinness Book of World Records for purchasing a 41.3 carat diamond for $4.6 million at a gem auction in Geneva. The diamond, “Polar Star,” was once owned by the brother of the French Emperor Napoleon, and this was thought to be the highest price paid for a piece of jewelry at the time.

Salih, a renowned philanthropist, helped to set up the Sri Lankan International School in Riyadh, which has 1300 students today.

He attended Zahira College, Colombo, during the golden era of Dr. A.M.A. Azeez’s principalship, where he was a senior prefect and also represented the college at rugger. Everybody in College adored him for his enviable personality and his courage.

The Sri Lankan Ambassador in Saudi Arabia, Azmi Thassim said that the death of Razeen Salih came as a great shock to the Sri Lankan community in the Kingdom. “He was our pride and his contributions towards the community are immeasurable. We hope and pray that Allah will give him the best place in Jannah for his valued services for the community uplift,” Thassim said.

Azad Yousuf, an accountant at a private medical hospital in Riyadh said that Salih had left a vacuum which no one else could fill it: “He was an icon in the Saudi business circle who brought Sri Lankan gems and jewelry to the Kingdom’s market.”

Salih is survived by his two daughters Aysha and Jamaaliyah.

His remains will be flown to Philadelphia, USA.