U.S. imposes new sanctions to target Hamas funding

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The Biden administration has imposed a new round of sanctions on Hamas-linked officials to cut off the terror group's investment fund and sever a conduit for Iranian financial support for Hamas and Palestinian Islamic Jihad, the Treasury Department announced Friday.

An Israeli soldier walks past a house damaged during the Hamas attack in Kibbutz Kfar Azza, Israel, Friday, Oct. 27, 2023. The Kibbutz was attacked on Oct. 7. The Biden administration has imposed a new round of sanctions on Hamas-linked officials to cut off the terror group’s investment fund and sever a conduit for Iranian financial support for Hamas and Palestinian Islamic Jihad, the Treasury Department announced Friday.

“This investment network is directed by the highest levels of Hamas leadership and has allowed Hamas senior officials to live in luxury while ordinary Palestinians in Gaza struggle in harsh living and economic conditions,” the Treasury Department said last week after the first rounds of sanctions were announced.

The Treasury Department also is targeting the Al-Ansar Charity Association which has been linked to Palestinian Islamic Jihad. Al-Ansar claims to be an extension of Iranian financial support to the Palestinian people but ultimately serves as a recruiting tool for terrorist activities, officials said.

The Treasury Department also sanctioned several Iranian officials with links to Hamas, including commanders in the Islamic Revolutionary Guard Corps who provided combat training to Hamas, Hezbollah, and Palestinian Islamic Jihad as well as Khaled Qaddoumi, a Jordanian national living in Tehran who serves as a liaison between Iran and Hamas.

 

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