Israel raids exchange companies for allegedly transferring funds to Hamas
Israel continues to pursue exchange companies operating in the Palestinian territories under the rationale that they have been transferring funds to Hamas.
RAMALLAH, West Bank — Within 48 hours, the Israeli army confiscated approximately $410,000 from two money exchange companies in the West Bank, alleging they had been illegally transferring funds to Hamas activists in the West Bank.
On June 8, the Israeli army raided the headquarters of the Beit Al-Maqdes Company for money exchange in the city of Tulkarm in the northern West Bank, confiscating $48,800 and 199,000 shekels ($61,419).
On June 9, the Israel army also stormed the Marish Company for Money Exchange in the city of Hebron in the southern West Bank, and confiscated $130,000, 40,000 Jordanian dinars ($57,000), 300,000 shekels ($93,000) and 20,000 euros ($23,750), saying funds were being transferred to Hamas in the West Bank.
An Israeli army official said in a press statement June 10 that a large amount of money that belonged to businesses that transferred funds to Hamas in the West Bank had been confiscated, and added that Hamas is exploiting West Bank residents and their commercial interests for its own interests.
