Palestinians warned on money smuggling

Washington Times:

European monitors who have overseen the first Palestinian-controlled border terminal for the past seven months warn of unspecified "consequences" if Hamas officials don't stop smuggling millions of dollars into the territory.
Yesterday, the Gaza Strip's main international gateway was closed after the European monitors said an Israeli security alert prevented them from manning the crossing, officials said.
The Palestinian militant group Hamas said it suspected the Rafah crossing with Egypt was closed to send a message to its government to stop carrying cash by hand into Gaza to sidestep a Western aid embargo. The monitors brushed aside the accusation.
The Palestinian Authority has resorted to carrying millions of dollars in cash across the border from Egypt because Middle Eastern banks, fearing U.S. sanctions, have refused to transfer funds to the Hamas-led government. Most of the money represents donations from Arab and Muslim countries.

...

Mr. De La Guardia said the Palestinians should be requiring anyone with more than $2,000 in cash to declare it at the border.
"What we are asking for is international standards to be implemented," he said. "For any citizen crossing the border, there needs to be accountability. We need to know how much money crosses the border, where it is coming from, and what its destination is."

...
The money can probably be traced to banks in other countries. The cash has to come from somewhere and banks are probably involved in providing the cash. The US and Israel should find out which banks are providing teh cash and take action against the banks. The Hamas death cult should be denied any funds transfers outside the country too. Until they renounce their war against Israel and recognize its existance they should be denied any assistance.

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