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February 27, 2020       Share:    

Source: https://www.jpost.com/Arab-Israeli-Conflict/Naftali-Bennett-signed-order-to-seize-funds-transferred-from-Iran-to-Hamas-619028

Israel Seizes $4 Million in Iranian Terror Money Sent to Hamas

(Jerusalem Post) Anna Ahronheim - Israeli Defense Minister Naftali Bennett signed an order Thursday to seize $4 million in funds transferred from Iran to Hamas. The funds are "intended to develop terror infrastructure belonging to Hamas in Gaza, including the production of weapons as well as payments to the organization's operatives," the ministry said. The order targets the Elmhadon Gaza money exchange company owned by Zuhir Shmalach. Shmalach replaced Hamed Ahmed Abed Khudri who was killed in a targeted strike by Israel in May. "We are in an extensive economic campaign against terror activities around the world and we will pursue anyone who harms us, in order to make killing Israelis an unprofitable business," Bennett said.

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