Hamas seizes cash from bank

Published: Jun 27, 2010 23:48 Updated: Jun 27, 2010 23:48 

GAZA CITY: Hamas forces seized $16,000 on Sunday from a Gaza bank that had 
frozen the funds as part of an anti-money laundering campaign launched by the 
West Bank-based Palestinian Authority.

A senior official at the Palestine Islamic Bank said Hamas police took the cash 
from tellers at gunpoint.

The bank said the money was in an account of an Islamic charity frozen by the 
Interior Ministry and Palestine Monetary Authority (PMA), which acts as a 
central bank for Palestinian Authority.

The account was frozen after Hamas, which won a Palestinian parliamentary 
election in 2006 and took control of the Gaza Strip in 2007, brought in its own 
people to manage the charity.

It was the second time Hamas seized money from a private Palestinian bank this 
year. In March, its forces took $400,000 from a bank in defiance of the PMA.

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