Central Florida's Independent Jewish Voice

As Gaza collapses, Hamas leaders make billions abroad

(JNS) — While nearly a million residents of Gaza are displaced by war, Hamas’s top leaders and their families have been enriching themselves.

The Hamas leadership controls an investment portfolio estimated at close to $1 billion and owns assets in Sudan, Turkey, Saudi Arabia, the United Arab Emirates, Algeria, Egypt and other places.

Hamas imposes taxes of 20 percent on goods smuggled from Egypt to the Strip through tunnels. Reports also indicate that Hamas earns an estimated $450 million annually from Gaza’s black-market trade.

Iran is believed to provide Hamas leaders with a $100 million exp...

 

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