Hamas, Inc.: The Property Empire that Funded Militant Attack on Israel

(Newsweek) Sean O'Driscoll - In bustling Istanbul, AG Plaza boasts terraces, pools and commercial space. It was built by a company controlled by what the U.S. Treasury Department describes as "Hamas elements." Hamas has a financial empire that operates in the UAE, Turkey, Algeria, Saudi Arabia and Sudan. On Jan. 5, the Biden administration announced it is offering a reward of up to $10 million for information that could dismantle the group's economic foundations under its Rewards for Justice Program. On May 24, 2022, the U.S. Treasury Department estimated that the Hamas-linked construction empire was worth $500 million. On Oct. 29, the Israeli embassy in the U.S. said that Moussa Abu Marzouk, deputy chair of the Hamas Political Bureau, was worth $3 billion, while senior leaders Khaled Mashal and Ismail Haniyeh were each worth about $4 billion.

2024-01-23 00:00:00

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