50% of terror-finance agency reports helped Shin Bet in terror cases

The state said that there was an 18% increase in requests for information from foreign countries, which since 2013, adds up to a 162% increase.

By
September 3, 2018 06:15
A PALESTINIAN whose house was destroyed by an Israeli air strike shows money distributed by Hamas in

A PALESTINIAN whose house was destroyed by an Israeli air strike shows money distributed by Hamas in Jabalya in the northern Gaza Strip in 2009. (photo credit: SUHAIB SALEM / REUTERS)

Around 50% of intelligence cables which the Authority for Combating Money-Laundering and Terror Financing forwarded to the Shin Bet during the past year successfully contributed to the security agency’s counter-terror activities.

The statistics were presented on Monday as part of the Authority’s annual report, which said that the high percentage showed its strong effectiveness.

In addition, the report noted a 26% increase in reports of irregularities in the Bitcoin sector over the last year, as that sector has grown and the state has taken a keener interest in its regulation.

Finally, the state said that there was an 18% increase in requests for information from foreign countries, which since 2013, adds up to a 162% increase.

The report said that this shows Israel’s advancement in enforcing complex areas of terror-financing law and the world’s recognition of that advancement.


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