The Israel Defense Forces declassified information on Monday giving up a location where the Iranian-backed Hezbollah terrorist organization is allegedly storing $500 million in cash and gold.

Israel Defense Forces (IDF) spokesman Rear Adm. Daniel Hagari said in a video that the money was being stored in a secret bunker that belonged to the group’s former leader, Hassan Nasrallah.

The IDF had no plans of hitting the bunker, which is located under the al-Sahel hospital, he said.

“The bunker was deliberately placed under a hospital, and it holds more than half a billion dollars in cash and gold,” Hagari said. “That money could have been used to rehabilitate Lebanon, but it went to rehabilitate Hezbollah.”

He said that Hezbollah’s financial network relies on getting direct payments from Iran and factories that it has built in Syria, Lebanon, Yemen, and Turkey.

Hezbollah also relies on criminal activity around the world, including hubs in Africa and Latin America.

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A 2022 Europol report stated, “The network of collaborators built by Hezbollah in the EU is suspected of managing the transportation and distribution of illegal drugs into the EU, dealing with firearms trafficking and running professional money laundering operations.”

“Tonight, I am going to declassify intelligence on a site that we did not strike—where Hezbollah has millions of dollars in gold and cash—in Hassan Nasrallah’s bunker. Where is the bunker located? Directly under Al-Sahel Hospital in the heart of Beirut.”

Listen to IDF Spox.… pic.twitter.com/SjMZQpKqoJ

— Israel Defense Forces (@IDF) October 21, 2024

Hezbollah propagandists working in the media went to the hospital and claimed that there was no money there as they showed images of hospital beds and other medical equipment.

IDF spokesman Lieutenant Colonel Nadav Shoshani released a statement on Tuesday providing instructions to the journalists on how to get to the bunker.

“One of the entrances to the bunker, containing more than half a billion dollars in gold and dollars, is on the eastern side of the basement of the Al-Ahmedi building, located south of the Al-Sahel hospital,” he posted on X. “The basement is on the second floor down (level -2).”

“It is important to note that it is possible the entrance is hidden by various means in order to make it difficult to find,” he added.

pic.twitter.com/fdgdVXeYcj

— LTC Nadav Shoshani (@LTC_Shoshani) October 22, 2024