Israel Money Laundering and Terror Financing Prohibition Authority head Ilit Ostrovitch Levi tells "Globes" that to defeat terrorist organizations, their economic oxygen must be cut off.
Dec 22, 2020
Iran has spent nearly a billion dollars annually to support terrorist groups that serve as its proxies and expand its influence across the globe.
By TPS
Israel has confiscated $4 million in funds transferred from Iran to the Hamas terrorist organization, the Ministry of Defense announced Tuesday.
Acting on the recommendation of the National Bureau for Counter Terror Financing, Defense Minister Benny Gantz signed the order seizing the funds.
The money was intended for the development of Hamas’ terrorist infrastructure in Gaza, including the production of weapons and payment for the organization’s operatives, and was sent by the Iranian government, the Ministry of Defense said.