Looks like Hamas is the runner-up to ISIS when it comes to wealth. No wonder the leaders can run around in Mercedes Benz and have maids from Sri Lanka.
Wealthy Terrorists Don’t Need Foreign Aid
Jonathan S. Tobin | @tobincommentary
11.13.2014 - 1:45 PM
Last month, a group of international donors including the United States gathered in Cairo to make pledges to give financial aid to help rebuild Gaza in the wake of the war between Israel and Hamas this past summer. The amount pledged totaled $5.4 billionwith the U.S. kicking in a few hundred million. The bulk of the money will go to aid organizations with the Palestinian Authority also getting a share. But while the world was told that all the money would be used for civilian purposes and to help those who lost their homes in the fighting, there was little doubt that the Hamas rulers of the strip would wind up getting their hands on a good deal of it. But the most curious thing about this exercise in international philanthropy was that no one thought to ask Hamas to pay for at least some of the damage they caused by igniting a bloody war. That’s the question that comes to mind today when you read that the Islamists have been named the world’s second-richest terrorist group.
According to Forbes Israel, Hamas is the runner-up to ISIS in the competition for the title of wealthiest terror organization. ISIS has $2 billion in assets while Hamas has only $1 billion. The former’s advantage is that it is now in control of some of Iraq’s oil flow and pulls in up to $3 million a day in revenue from that lucrative business. ISIS also was able to loot hundreds of millions from Mosul’s main bank when it seized that city. It also profits from the brisk trade in hostage ransoms with European nations anteing up large sums to save its citizens in ISIS’s hands. To its credit, the Obama administration has refused to play along, a principled policy that has led to the brutal murders of American captives.
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Wealthy Terrorists Don t Need Foreign Aid Commentary Magazine
Wealthy Terrorists Don’t Need Foreign Aid
Jonathan S. Tobin | @tobincommentary
Last month, a group of international donors including the United States gathered in Cairo to make pledges to give financial aid to help rebuild Gaza in the wake of the war between Israel and Hamas this past summer. The amount pledged totaled $5.4 billionwith the U.S. kicking in a few hundred million. The bulk of the money will go to aid organizations with the Palestinian Authority also getting a share. But while the world was told that all the money would be used for civilian purposes and to help those who lost their homes in the fighting, there was little doubt that the Hamas rulers of the strip would wind up getting their hands on a good deal of it. But the most curious thing about this exercise in international philanthropy was that no one thought to ask Hamas to pay for at least some of the damage they caused by igniting a bloody war. That’s the question that comes to mind today when you read that the Islamists have been named the world’s second-richest terrorist group.
According to Forbes Israel, Hamas is the runner-up to ISIS in the competition for the title of wealthiest terror organization. ISIS has $2 billion in assets while Hamas has only $1 billion. The former’s advantage is that it is now in control of some of Iraq’s oil flow and pulls in up to $3 million a day in revenue from that lucrative business. ISIS also was able to loot hundreds of millions from Mosul’s main bank when it seized that city. It also profits from the brisk trade in hostage ransoms with European nations anteing up large sums to save its citizens in ISIS’s hands. To its credit, the Obama administration has refused to play along, a principled policy that has led to the brutal murders of American captives.
Continue reading at:
Wealthy Terrorists Don t Need Foreign Aid Commentary Magazine
