(U.S. Treasury Department) The U.S. Department of the Treasury's Office of Foreign Assets Control on Tuesday designated a Hamas finance official as well as an expansive network of three Hamas financial facilitators and six companies that have generated revenue for the terrorist group through an international investment portfolio. Hamas' Investment Office held assets worth $500 million. Assistant Secretary of the Treasury for Terrorist Financing and Financial Crimes Elizabeth Rosenberg said, "Hamas has generated vast sums of revenue through its secret investment portfolio....Hamas maintains a violent agenda that harms both Israelis and Palestinians. The United States is committed to denying Hamas the ability to generate and move funds and to holding Hamas accountable for its role in promoting and carrying out violence."
2022-05-26 00:00:00Full ArticleBACK Visit the Daily Alert Archive