You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
-Lurid Crime Tales-
Armed Gazan gangs, some thought tied to Hamas, steal $70 million from Bank of Palestine
2024-05-04
[IsraelTimes] French daily Le Monde reports funds taken from the vaults of several branches in the Strip by groups armed with explosives, commandos who answer to ‘Gaza’s highest authorities’

Armed groups in Gaza, including one with presumed Hamas links, last month robbed the Bank of Palestine of some $70 million, French daily Le Monde reported Saturday.

The funds were taken from the vaults of several branches of the bank, it said, citing a Bank of Palestine document sent to “certain international partners” detailing the robberies.

On April 16, staff discovered a hole in the ceiling of the safe deposit room at one of the bank’s Gaza branches and found that some $3 million worth of Israeli shekels destined for cash dispensers were missing, Le Monde said.

The next day, armed groups equipped with explosives returned to the site, blew up a cement protection chamber and took more than $30 million in various currencies from three safes.

Two days later, the biggest Gaza branch was attacked by commandos who said they answered to “Gaza’s highest authorities,” which the paper said is understood to mean Hamas.

They took more than $36 million worth of shekels.

The Bank of Palestine, founded in 1960, is Gaza’s leading financial institution.

The Palestinian Monetary Authority, an independent body that oversees the financial system in Palestinian territories, said when contacted by AFP that it was planning to issue a statement about the issue later Saturday.
Related:
Bank of Palestine: 2011-12-12 Islamic Jihad challenges Hamas with help from Iran
Bank of Palestine: 2010-03-30 Hamas men seize $400,000 from Gaza bank
Bank of Palestine: 2009-06-04 Three Palestinians killed in renewed Hamas-PA clashes in Qalqiliya
Posted by:Skidmark

#4  Biden will EO the FDIC to cover it, I'm sure
Posted by: Frank G   2024-05-04 12:07  

#3  And after all, they have to replace the cash the IDF confiscated during the post-10/7 Reconquista.
Posted by: trailing wife   2024-05-04 11:50  

#2  A search of the Rantburg archives show they did it before — just shearing the sheep, as they’re entitled to by Sharia law.
Posted by: trailing wife   2024-05-04 11:49  

#1  Woopsies?
Posted by: swksvolFF   2024-05-04 11:20  

00:00