Despite the potential significance of these documents as a roadmap for disrupting Hamas’s plans, no action was taken. The findings were shared with both Israeli and US agencies, but none of the Hamas-owned companies faced sanctions from the United States or Israel. There was no public call-out of the companies, and there was no pressure on Turkey, the hub of Hamas’s financial network, to close it. Meanwhile, major American and European banks continued to buy shares in Hamas’s Turkish company until it was finally placed under sanctions in 2022. In mid-2018, the Saudis arrested the Hamas accountant, Mahmoud Ghazal, and two other men who held positions in 18 companies in the Hamas portfolio.

Source: New York Times December 17, 2023 20:47 UTC