Hamas police raid bank for $270,000

Regime's court orders seizure of hospital funds frozen by PA.

By ASSOCIATED PRESS, JPOST.COM STAFF
March 30, 2010 05:53
1 minute read.
Hamas Military Wing spokesman

Hamas Military Wing spokesman. (photo credit: ASSOCIATED PRESS)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Hamas police raided a Gaza bank to seize $270,000 on Monday. The funds had been frozen by the Palestinian Authority.

The raid sparks new feuding between Gaza’s Hamas government and President Mahmoud Abbas’s Palestinian Authority.

Be the first to know - Join our Facebook page.


The seizure, which Hamas said was backed by an order from a Hamas-run court, was the latest power play by the radical Islamic group, which violently took control of the Gaza Strip from forces loyal to Fatah in 2007. Since then, Abbas's Palestinian Authority has governed only the West Bank. Efforts to reconcile the two sides have failed.

Hamas Interior Ministry spokesman Ehab Ghussein confirmed money was taken and said a court ruled the block on the funds was illegal.

The funds were intended for an association called Friends of the Sick, which has run a medical center in Gaza for over a decade.

The Palestinian Authority, which used to fund the group, froze the money after the organization elected a Hamas-dominated governing board in July 2009, the group said.

"This was based on entirely political considerations that have no relationship to the association's charitable work," the group said in a written statement.



About 10 Hamas police officers entered the Bank of Palestine in Gaza City on Monday and demanded 1 million Israeli shekels  about $270,000 bank employees said, speaking on condition of anonymity for fear of reprisals.

Ten banks have branches in Gaza, though all of their funds are transferred from West Bank branches under the jurisdiction of the Palestinian Monetary Authority.

The Monetary Authority criticized the Hamas seizure and announced it was closing Gaza's banks on Tuesday "to protest the vicious attack that one of the banks and its employees were exposed to."

Friends of the Sick board member Omar Farwana said Monday's seizure was a legal reclaiming of funds from international donors.

He confirmed the group received the money taken from the bank and said he expected more seizures.

"There are two other banks in Gaza that have our money, and during the coming days we'll get it back," he said.

Related Content

Sarah Silverman
August 26, 2014
Jewish women take home gold at 2014 Emmys

By JTA