US Treasury imposes sanctions on Hamas official and financial network
On Tuesday, Elizabeth Rosenberg, Assistant Secretary of the US Treasury for Terrorist Financing and Financial Crimes said in a press statement "the sanctions target Hamas' Investment Office, which holds assets estimated to be worth more than US$500 million, including companies operating in Sudan, Turkey, Saudi Arabia, and Algeria."
"Hamas has reaped huge revenues through its secret investment portfolio while destabilising Gaza, which is facing harsh living and economic conditions," the official added.
Israeli surveillance planes have increased their flights over Gaza as Hamas warned Israel against provocations in Jerusalem and the West Bankhttps://t.co/ENi7L7xcX1— The New Arab (@The_NewArab) May 24, 2022
The Hamas official cited for sanctions was Abdullah Yousef Faisal Sabri, a Kuwait-based Jordanian national. He worked in the Hamas-run Finance Ministry for many years in Gaza.
The companies included Sudan-based Agrogate Holding, Algeria-based Sidar Company, UAE-based Itqan Real Estate JSC, Turkey-based Trend GYO, and Saudi Arabia-based Anda Company, the statement said.
In the first comment on the sanctions, Sami Abu Zuhri, an official in the movement, denied the allegations of the United States.
In a statement to the press, Abu Zuhri said, "The American allegations are baseless and come in the context of aligning with the Israeli occupation and promoting its false allegations."
Israel "must eliminate" Hamas chief in Gaza, former Israeli army general says after Elad killingshttps://t.co/0uDU1zKGV6— The New Arab (@The_NewArab) May 6, 2022
The New Arab reached out to Hamas in Gaza for further clarifications, but so far officials from the Islamic movement have refused to comment on the matter.
The United States considers Hamas, which has controlled the Gaza Strip since 2007, a terrorist movement.