Salaam Fayad's Palestinian Authority government is working on a new law prohibiting money laundering, in an effort to strike at Hamas funding sources, Israel Radio reported on Tuesday morning.
According to the Al-Hiyat newspaper, the report said, internal Palestinian security reports showed that merchants and importers have been serving as couriers for Hamas, acquiring funds from abroad in exchange for a cut.
This has been the most common way bringing money into the Gaza Strip since the Rafah border crossing was closed following the Hamas takeover.
Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>