Tel Aviv, June 25 -- The Israel Defence Forces said Wednesday it had killed a key Hezbollah financial operative who worked closely with Iran, revealing new details about how the Islamic Revolutionary Guards Corps moves money to the terror group.

Haytham Abdullah Bakri, head of the "Al-Sadiq" Currency Exchange in southern Lebanon, was eliminated in an Israeli Air Force strike on Tuesday. According to the IDF, Bakri played a central role in Hezbollah's financial operations, acting as a conduit for funds transferred from the IRGC's Quds Force.

"This currency exchange functioned as a storage and transfer mechanism for funds from Iran to Hezbollah," the IDF said in a statement. "These funds were used for purchasing weapons, manufacturing mea...