Counterterrorism Blog
The first multi-expert blog dedicated solely to counterterrorism issues, serving as a gateway to the community for policymakers and serious researchers. Designed to provide realtime information about terrorism cases and policy developments.
 

PA Unfreezes Hamas Funds

By Matthew Levitt

Undersecretary of the Treasury Stuart Levey, who heads Treasury's Office of Terrorism and Financial Intelligence, is in the Middle East pressing for enhanced efforts to stem terrorist financing. Despite his recent meetings with Palestinian officials on the need to limit transfers of money to Hamas, PA President Mahmoud Abbas agreed to release money to the militant group from a of bank account the PA froze in a crackdown two years ago. Abbas freed the funds as a good will gesture to preserve a delicate cease-fire with Israel even though he ordered the initial freeze in 2003 as Prime Minister.

For more on Hamas' efforts to undermine the nascent ceasefire, see PeaceWatch #491, "Sustaining an Israeli-Palestinian Ceasefire."

TrackBack

TrackBack URL for this entry:
http://counterterrorismblog.org/mt/pings.cgi/1294

Listed below are links to weblogs that reference PA Unfreezes Hamas Funds:

» PA Unfreezes Hamas Funds from Common Sense and Wonder
Further evidence that this cease fire may just end up being a period of quiet for Hamas to re-arm: Undersecretary of the Treasury Stuart Levey,... [Read More]