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You are here: Home / Terrorist Financing / There Are Better Ways To Stop Funds For Terror

There Are Better Ways To Stop Funds For Terror

May 24, 2007 by The Terror Finance Blog | by Dr. Rachel Ehrenfeld

In retaliation to the intensifying Palestinian rocket attacks on Israel from Gaza, the IDF conducted aerial attacks on businesses involved in transferring funds to terror organizations. According to the IDF’s spokesperson, “The IDF carried out aerial attacks against money changers’ offices and businesses in the Gaza Strip which have been transferring funds from Iran, Syria and Lebanon for the funding of the terrorist activities of Hamas and other organization.” As effective as this bombing campaign my be, destroying the physical structures used for the transfers, may delay further transactions for a very short time, until new arrangements are made. As long as the sources of these funds, Iran, Syria, Lebanon, and their likes, and their financial institutions and businesses are safe, the funds will continue to fuel Hamas and the many other Palestinian terror organizations. The same paymasters, who fund Palestinian terrorists to kill Israelis, are also funding the terrorists that kill American and coalition forces in Iraq. U.S.-led forces frequently discover caches of Iranian money and bomb-making equipment during raids on Shiite neighborhoods, especially in Sadr City that resembles Gaza. The U.S., like Israel, “accused Iran of providing weapons and training to Shiite militant groups in Iraq.” Yet, the U.S. is persistent in its refrain of connecting the dots; the radical Muslims fighting the U.S. and Israel are the same. Moreover, the U.S. is reluctant – in some instances – to identify them -–Saudi Arabia and the Gulf states, to name but a few. It clearly lacks the political will to act against them. And the closer we get to the Presidential election, the less likely it is that the situation will change. If anything, Israel would most likely be harshly criticized by the U.N. for trying desperately to stop the terrorist attacks on its citizens.

Filed Under: Terrorist Financing, U.S. Policy

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