US sanctions Hamas official and financial network | Hamas News

The sanctions target Hamas’ investment office, which holds assets estimated at more than $500 million.

The United States on Tuesday imposed sanctions on a Hamas financial official and a network of financial facilitators and businesses that generated revenue for the Palestinian group, the US Treasury Department said.

The sanctions targeted Hamas’ investment office, which has assets estimated at more than $500 million, including companies operating in Sudan, Turkey, Saudi Arabia, Algeria and the United Arab Emirates, the official said. department in a press release.

“Hamas has generated vast sums of revenue through its covert investment portfolio while destabilizing Gaza, which faces difficult living and economic conditions,” said Elizabeth Rosenberg, Treasury Assistant Secretary for Terrorist Financing. and financial crimes.

Hamas rules the Gaza Strip and is considered a terrorist group by Israel and many of its Western allies.

A Hamas official, Sami Abu Zuhri, denied the US allegations.

“The US allegations are incorrect and they come within the framework of the Israeli occupation party taking over and spreading its false allegations,” Abu Zuhri said.

The Hamas official cited for the sanctions is Abdallah Yusuf Faisal Sabri, a Jordanian national and accountant based in Kuwait who worked in Hamas’ finance ministry for several years, the US Treasury said.

The companies included Sudan-based Agrogate Holding, Algeria-based Sidar Company, UAE-based Itqan Real Estate JSC, Turkey-based Trend GYO and Saudi Arabia-based Anda Company, the department said.