The Hamas asset freeze and other government efforts to stop terrorist funding
Read Online

The Hamas asset freeze and other government efforts to stop terrorist funding hearing before the Subcommittee on Oversight and Investigations of the Committee on Financial Services, U.S. House of Representatives, One Hundred Eighth Congress, first session, September 24, 2003 by United States. Congress. House. Committee on Financial Services. Subcommittee on Oversight and Investigations

  • 541 Want to read
  • ·
  • 69 Currently reading

Published by U.S. G.P.O., For sale by the Supt. of Docs., U.S. G.P.O. in Washington .
Written in English


  • Ḥarakat al-Muqāwamah al-Islāmīyah -- Finance,
  • Terrorism -- Prevention,
  • Money laundering -- Prevention

Book details:

The Physical Object
Paginationiii, 73 p. ;
Number of Pages73
ID Numbers
Open LibraryOL14541285M
ISBN 100160714176

Download The Hamas asset freeze and other government efforts to stop terrorist funding


  To do otherwise is to be complicit in the Hamas campaign to destroy any prospect of Israeli-Palestinian reconciliation. It is essential that Europe, the Gulf states, and other countries strictly regulate which Palestinian charities receive international aid and shut down front organizations raising funds for Hamas and other terrorist by: Terrorist financing is an ongoing game of creating, concealing, and surreptitiously utilizing funds. This intriguing book considers every facet of guerrilla funding — from how activities are financed, to what insurgents do with the revenue they generate, to the range of countermeasures in place for deterring their moneymaking activities. Some fundraising and propaganda activity takes place in Western Europe and North America. After the overthrow of the Muslim Brotherhood government, efforts by the Egyptian military to destroy tunnels connecting Gaza with the Sinai severely limited Hamas’s access to weapons, smuggled goods, and construction materials. The Secretary of State’s formal designations, made in consultation with the Attorney General and Secretary of Treasury, freeze assets in the U.S. of the designated group, make it a criminal offense to knowingly provide funds or other forms of material support to the designated groups, and deny visas to members and leaders of the designated organization in the U.S. Currently .

  The freezing of terrorist assets is a highly effective way for Member States to stem the flow of funds. It can also act as a deterrent to further engagement in terrorist activity. These U.S. Treasury Department efforts have not only disrupted terrorist networks, they have saved lives. Since the start of the program, the TFTP has provided thousands of valuable leads to U.S. Government agencies and other governments that have aided in the prevention or investigation of many of the most visible and violent terrorist attacks and attempted attacks of .   Despite Fatah-Hamas disagreements, the Palestinian Authority's Fatah-led government announced on Jan. 15, , its intentions to give Hamas 40% ($ billion) of the $ billion pledged in. Under Executive Order , the United States government may block the assets of HAMAS (which it has done) and the assets of individuals and entities owned or controlled by; acting for or on behalf of; or providing support, financial or otherwise, to designated terrorists and terrorist organizations.

  Hamas has been named a terrorist organization by the United States and the European Union. It is supported by the governments of Syria and Iran and many wealthy private individuals in Saudi Arabia. Hamas (Arabic: حماس Ḥamās, an acronym of حركة المقاومة الاسلامية Ḥarakat al-Muqāwamah al-ʾIslāmiyyah [Islamic Resistance Movement]) is a Palestinian Sunni-Islamic fundamentalist militant organization. It has a social service wing, Dawah, and a military wing, the Izz ad-Din al-Qassam has been the de facto governing authority of the Gaza Strip since Founder: Sheikh Ahmed Yassin, Abdel Aziz .   The United States government designated all facets of Hamas as a terrorist organization, since it was impossible to differentiate between money Hamas was utilizing for social reform and funds. Terrorism financing budding in Saudi Arabia became an important source of funding for al-Qaeda and other terrorist organizations. [25] [26] In a leaked classified memo, Hillary Clinton said that in the kingdom was a crucial source of funds to Sunni terrorist groups, including al-Qaeda, the Taliban and Lashkar-e-Taiba.