Most of the funds enter Gaza in currency exchanges for the dollars and euros Hamas smuggles into the territory following fund-raising trips to Iran and other supportive Middle East regimes.

Shurat Hadin director Nitsana Darshan-Leitner explained that without the influx of Israeli shekels, the currency of record in Gaza, Hamas would be financially unable to rule. By allowing the entry of shekels into Gaza, Darshan-Leitner noted that Israel is breaching an economic embargo of Gaza by Western powers that Israel itself insisted upon, and is helping a terrorist organization to launder money, a direct violation of the Terror-Funding Act of 2005.
Worse, said Darshan-Leitner, is the fact that " the Israeli government's policy of transferring shekels is assisting the Hamas terrorists with their missile attacks on the Negev communities."
In response, Olmert's office wrote that "due to conclusions that there is an Israeli interest that the transfer of funds continue, a decision was made to continue to transfer certain sums of money to the Gaza Strip."
Shurat Hadin has threatened to sue the government both in local and international courts if the transfer of funds does not cease.



Comment: Once again, the warmongers increase their profits by funding both sides.