Posts Tagged ‘Hamas’


U.S. publicly names Saudi Hamas bankroller

September 14, 2015

Saudi high rollers have been funding jihad for decades.  U.S. officials usually only talk about it in generalities.  But the Treasury Department has recently announced sanctions against several Saudis including Abu-Ubaydah al-Agha, a high-ranking money man for the terrorist group Hamas, and Mahir Salah, who launders money for Hamas through front companies in Saudi Arabia.

From Agence France-Presse on Sept. 11 (h/t El Grillo):

US sanctions aim at Saudi-Hamas finance link

New US Treasury sanctions Thursday took aim at financial links between Saudi Arabia and the Palestinian Islamist movement Hamas, which the US labels a terrorist group.

The Treasury named Hamas political bureau member Saleh Aruri; Saudi-based Hamas financier Mahir Salah; Abu-Ubaydah Khayri Hafiz Al-Agha, a Saudi citizen and “senior Hamas financial officer”; and al-Agha’s company Asyaf International Holding Group for sanctions.

It said Aruri has since 2013 “overseen the distribution of Hamas finances” and works closely with Salah.

Salah, a dual British and Jordanian citizen, has led the Hamas Finance Committee in Saudi Arabia, which the Treasury called “the largest center of Hamas’s financial activity.”

“As of late 2014, Salah managed several front companies in Saudi Arabia that conducted money laundering activities for Hamas,” it added.

Al-Agha and his company, meanwhile, are “involved in investment, funding, and money transfers for Hamas in Saudi Arabia”…


Arab Bank settles over terror finance damages

September 7, 2015

Jordan-based Arab Bank PLC has settled on an amount to pay in damages to the families of terror victims.  The bank was found liable in 2014 for helping process transactions for Hamas that facilitated terrorist attacks.  The amount of the settlement wasn’t disclosed, but Arab Bank previously offered $12 million in a deal rejected by the judge.

From The New York Times last month (h/t El Grillo):

Arab Bank Reaches Settlement in Suit Accusing It of Financing Terrorism

Three days before a first-of-its-kind damages trial was supposed to start, a Middle Eastern bank has reached a settlement with hundreds of American plaintiffs, including victims of terrorist attacks around Israel, who had filed a lawsuit against the bank accusing it of supporting terrorism.

A spokesman for the bank, Arab Bank, and a spokeswoman for one of the law firms representing the plaintiffs confirmed on Friday that an agreement had been reached but declined to offer additional details, including the amount of the settlement.

Last year, a jury in Federal District Court in Brooklyn found Arab Bank liable for financing terrorism by processing transactions for members of the militant Islamic group Hamas.

The second phase of the trial, assessing the damages Arab Bank would have to pay to some victims of attacks by Hamas, was scheduled to start on Monday.

All of the plaintiffs are American victims of Hamas attacks or relatives of people who were killed…


Terror takers: recommended news reading

May 21, 2015
  • Money freed up during Iran talks appears to be rebuilding Hamas’s tunnelsmore>>
  • The black market created by extensive regulation of the tobacco industry is enriching terroristsmore>>
  • ISIS seeks $23 million ransom for captives… more>>
  • Alibaba poses a risk for exporting sensitive military technology to China… more>>

Hamas campus on Swedish dole

May 13, 2015

Nearly 60 million Swedish crowns flowed last year from Sweden’s taxpayers through the international charity Islamic Relief to programs in the Palestinian territories that blur the lines between social services and the financing Hamas operatives. From the opinion pages of Arutz Sheva:

Op-Ed: The Connection between Swedish Aid and Hamas Institutions

Sweden’s taxpayers are funding organizations that have names like Islamic Relief, but promote war and terror instead of welfare and peace.

Published: Wednesday, April 29, 2015 4:20 AM

The Swedish International Development Cooperation Agency (SIDA), which comes under the Swedish foreign ministry, has for several years cooperated with the organization Islamic Relief (IR). According to the SIDA documentation, SIDA renewed its agreement with IR last year giving the international organization more than 59 million SEK(6,8 million USD) for various aid projects.

However IR is not only an organization associated with aid. It is also associated with the Muslim Brotherhood and with funding terror organizations, and therefore terror-listed by the United Arab Emirates since last year. In 2006 the Israeli authorities were notified of  IR’s terror connections, resulting in the arrest of IR’s project manager at that time. Iyaz Ali. Ali confessed that he was in contact with the Hamas and had transferred funds to organizations linked to Hamas.

Since June, 19, 2014 IR has been forbidden to work from within Israel, including Judea and Samaria (the “West Bank”). Israeli Defense Minister Moshe Ya’alon said in a statement, that IR is a source of funds for Hamas and that Israel has no intention of allowing it to operate and assist terrorist activity against Israel.  According to the Israeli Foreign ministry, IR’s activities in Judea and Samaria and Gaza were carried out by social welfare organizations controlled and staffed by Hamas operatives. The intensive activities of these associations have been designed to further Hamas’s ideology among the Palestinian Arab population, the Israeli Ministry of Foreign Affairs states.

After the Israeli ban, IR last year commissioned an “independent investigation” of its office departments and activities in the Palestinian “territories”. The investigation found no evidence of links to Hamas. However, the investigation took place long after the accusations against the organization were publicized and did not cover the entire international organization.

Criticism against the IR has also been made by the Gatestone Institute, a New York-based think tank, revealing that current Islamic Relief Worldwide board members have links to anti-Semitic and Islamist movements.

In the IR’s aid project Emergency Cash-for-Work, which was funded by SIDA between 2008-2014 with over 32 million SEK (3,69 USD), internships for unemployed academics were arranged in Gaza institutions and organizations. Islamic University of Gaza (IUG), founded by Hamas spiritual leader Sheikh Ahmed Yassin, is one of the institutions that has benefited from these unemployed academics. To date, the university is governed by Hamas members and activists.

At IUG, Hamas developed its Qassam rockets and the campus store sells assorted Hamas propaganda and DVD movies that pay tribute to terrorism. Additionally, televised anti-Semitic plays have taken place at the university. Sixteen of the teachers and lecturers at the university are elected Hamas politicians and many of the Hamas elite have either lectured or studied at IUG.

To top it off, the internationally notorious, anti-Semitic Islamic preacher Yusuf al Qaradawi, who advocates for terror attacks against Israeli civilians (including babies), has become IUG’s own Honorary Doctor.

In other words: Sweden has provided a labor force for a university that is a terrorist and anti-Semitic stronghold for Hamas, and has paid for it. Swedish tax money has paid the wages of academics in universities like IUG, is supposed to help hospitals and institutions in local municipalities.  Instead of using that money for job creation and true peace efforts for the people in Gaza, Hamas has used it on weapons and terror tunnels…


Sordid money: recommended news reading

May 7, 2015
  • National security adviser:  millions of dollars are coming from the Arab Gulf to Canada to promote a “jihadist interpretation of the Qur’an”… more>>
  • Where is Iran getting U.S. currency that it sends to Hamas?  From Baghdad and the Kurdish region of Iraq… more>>
  • T. Boone Pickens:  There’s no need to negotiate with Iranian liars because “we do not need Mid-East oil” any longer.  The U.S. has plenty energy resources of its own… more>>
  • Former Guantanamo Bay detainees are seeking a housing allowance from the United States.  You see, their four-bedroom house in Montevideo isn’t spacious enough… more>>

Money and terrorists: suggested news reading

April 30, 2015
  • An Iran nuclear deal could represent “the largest cash infusion to a state sponsor of terrorism in modern history“… more>>
  • Lebanon isn’t alone in the Middle East drug trade.  “ISIS and the al Qaeda-affiliated Nusra Front are also able to develop their own hash-cash economy“… more>>
  • Six Somalis in Minnesota have been charged with supporting the ISIS. Among their activities: selling an old car to cover airfare to Syriamore>>
  • A U.S. company is enabling Hamas to mask its IP address, presumably in exchange for moneymore>>

Terror finance progress: suggested news reading

April 23, 2015
  • Judge denies Arab Bank’s request to throw out a verdict against it… more>>
  • The feds have busted 5 people and 4 companies for illegal shipments to Iranmore>>
  • The U.S. passes Saudi Arabia in oil production and is poised to become energy independent in 4 years… more>>
  • A Hamas treasurer has reportedly been arrested… more>>

Get every new post delivered to your Inbox.

Join 6,157 other followers