No known intelligence that Iran moved uranium, US defense chief says

Defense Secretary Pete Hegseth said intelligence showed Iran’s nuclear program was severely damaged by recent US strikes. (AP)
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Updated 26 June 2025
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No known intelligence that Iran moved uranium, US defense chief says

  • Several experts cautioned that Iran likely moved a stockpile of highly enriched uranium out of the Fordow plant before US strikes
  • US President Donald Trump echoes his defense secretary, saying it would have taken too long to remove anything before the attack

WASHINGTON: US Defense Secretary Pete Hegseth on Thursday said he was unaware of any intelligence suggesting Iran had moved any of its highly enriched uranium to shield it from US strikes on Iran’s nuclear program during the weekend. US military bombers carried out strikes against three Iranian nuclear facilities early Sunday local time using more than a dozen 30,000-pound bunker-buster bombs.
The results of the strikes are being closely watched to see how far they may have set back Iran’s nuclear program.
“I’m not aware of any intelligence that I’ve reviewed that says things were not where they were supposed to be, moved or otherwise,” Hegseth told an often fiery news conference.
US President Donald Trump, who watched the exchange with reporters, echoed his defense secretary, saying it would have taken too long to remove anything.
“The cars and small trucks at the site were those of concrete workers trying to cover up the top of the shafts. Nothing was taken out of (the) facility,” Trump wrote on his social media platform, without providing evidence.
Several experts have cautioned that Iran likely moved a stockpile of near weapons-grade highly enriched uranium out of the deeply buried Fordow site before the strikes, and could be hiding it in locations unknown to Israel, the US and UN nuclear inspectors. They noted satellite imagery from Maxar Technologies showing “unusual activity” at Fordow on Thursday and Friday, with a long line of vehicles waiting outside an entrance to the facility. A senior Iranian source told Reuters on Sunday most of the 60 percent highly enriched uranium had been moved to an undisclosed location before the attack.
The Financial Times, citing European intelligence assessments, reported that Iran’s highly enriched uranium stockpile remains largely intact since it was not concentrated at Fordow. Hegseth’s comments denying such claims came at the news briefing where he also accused journalists of downplaying the success of the US strikes following a leaked preliminary assessment from the Defense Intelligence Agency suggesting they may have only set back Iran by months.
He said the assessment was low confidence, and, citing comments from CIA Director John Ratcliffe, said it had been overtaken by intelligence showing Iran’s nuclear program was severely damaged and would take years to rebuild.
Ratcliffe, Hegseth, Secretary of State Marco Rubio and General Dan Caine, the chairman of the Joint Chiefs of Staff, held a classified briefing on the strikes on Thursday for all 100 members of the US Senate. Tulsi Gabbard, who normally would conduct such briefings as director of national intelligence, was not scheduled to participate. Trump said last week that she was wrong in suggesting there was no evidence Iran was building a nuclear weapon. The Senate briefing had been scheduled for Tuesday, but was postponed. Senators are expected to vote this week on a resolution that would require congressional approval for strikes against Iran, although the measure is not expected to be enacted. At the Pentagon news conference, Hegseth described the strikes as “historically successful.”
During the press conference, Caine, the top US general largely stuck to technical details, outlining the history of the bunker-busting bombs used. Caine showed a video testing the bombs on a bunker like the ones struck on Sunday.
Caine declined to provide his own assessment of the strike and deferred to the intelligence community. He denied being under any pressure to change his assessment to present a more optimistic view of the US strikes.
He also said he would not change his assessment due to politics. Uniformed military officials are supposed to remain apolitical and provide their best military advice.
“I’ve never been pressured by the president or the secretary to do anything other than tell them exactly what I’m thinking, and that’s exactly what I’ve done,” he said.


Lebanon approves financial gap draft law despite opposition from Hezbollah and Lebanese Forces

Lebanon's Prime Minister Nawaf Salam speaking during a press conference after a cabinet session in Beirut on December 26, 2025.
Updated 26 December 2025
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Lebanon approves financial gap draft law despite opposition from Hezbollah and Lebanese Forces

  • Legislation aims to address the fate of billions of dollars in deposits that have been inaccessible to Lebanese citizens during the country’s financial meltdown

BEIRUT: Lebanon’s Cabinet on Friday approved a controversial draft law to regulate financial recovery and return frozen bank deposits to citizens. The move is seen as a key step in long-delayed economic reforms demanded by the International Monetary Fund.

The decision, which passed with 13 ministers voting in favor and nine against, came after marathon discussions over the so-called “financial gap” or deposit recovery bill, stalled for years since the banking crisis erupted in 2019. The ministers of culture and foreign affairs were absent from the session.

The legislation aims to address the fate of billions of dollars in deposits that have been inaccessible to Lebanese citizens during the country’s financial meltdown.

The vote was opposed by three ministers from the Lebanese Forces Party, three ministers from Hezbollah and the Amal Movement, as well as the minister of youth and sports, Nora Bayrakdarian, the minister of communications, Charles Al-Hajj, and the minister of justice, Adel Nassar.

Finance Minister Yassin Jaber broke ranks with his Hezbollah and Amal allies, voting in favor of the bill. He described his decision as being in line with “Lebanon’s supreme financial interest and its obligations to the IMF and the international community.”

The draft law triggered fierce backlash from depositors who reject any suggestion they shoulder responsibility for the financial collapse. It has also drawn strong criticism from the Association of Banks and parliamentary blocs, fueling fears the law will face intense political wrangling in Parliament ahead of elections scheduled in six months.

Prime Minister Nawaf Salam confirmed the Cabinet had approved the bill and referred it to Parliament for debate and amendments before final ratification. Addressing public concerns, he emphasized that the law includes provisions for forensic auditing and accountability.

“Depositors with accounts under $100,000 will be repaid in full with interest and without any deductions,” Salam said. “Large depositors will also receive their first $100,000 in full, and the remainder will be issued as negotiable bonds backed by the assets of the Central Bank, valued at around $50 billion.”

He said further that bondholders will receive an initial 2 percent payout after the first tranche of repayments is completed.

The law also includes a clause requiring criminal accountability. “Anyone who smuggled funds abroad or benefited from unjustified profits will be fined 30 percent,” Salam said.

He emphasized that Lebanon’s gold reserves will remain untouched. “A clear provision reaffirms the 1986 law barring the sale or mortgaging of gold without parliamentary approval,” he said, dismissing speculation about using the reserves to cover financial losses.

Salam admitted that the law was not perfect but called it “a fair step toward restoring rights.”

“The banking sector’s credibility has been severely damaged. This law aims to revive it by valuing assets, recapitalizing banks, and ending Lebanon’s dangerous reliance on a cash economy,” he said. “Each day of delay further erodes people’s rights.”

While the Association of Banks did not release an immediate response after the vote, it previously argued during discussions that the law would destroy remaining deposits. Bank representatives said lenders would struggle to secure more than $20 billion to cover the initial repayment tier and accused the state of absolving itself of responsibility while effectively granting amnesty for decades of financial mismanagement and corruption.

The law’s fate now rests with Parliament, where political competition ahead of the 2025 elections could complicate or delay its passage.

Lebanon’s banking sector has been at the heart of the country’s economic collapse, with informal capital controls locking depositors out of their savings and trust in state institutions plunging. International donors, including the IMF, have made reforms to the sector a key condition for any financial assistance.