Gaza banks close in protest at Hamas cash seizure

By REUTERS
March 3, 2011 12:28

GAZA  - Banks in Gaza closed on Thursday in protest against Hamas's seizure of $250,000 in cash in a dispute with the Palestinian Authority.

A banking official said Hamas police went to the Palestine Investment Bank on Wednesday and demanded the money from the account of the PA-backed Palestine Investment Fund, which Hamas alleged had been illegally transferring money out of Gaza.


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