As Media Berate Israel, Hamas Reportedly Hiding Enough Funds to Fully Rebuild Gaza Strip
Leading German daily Die Welt has published an expose on Hamas’ secret foreign investment portfolio. According to documents obtained by the newspaper from Western intelligence sources, the US-designated terror group holds interests in some 40 international companies in the Middle East and North Africa, with an estimated value exceeding $500 million.
“For years there were rumours about such a portfolio, which seem to be corroborated now by information found on a Hamas computer,” Clemens Wergin, Die Welt’s chief correspondent, noted on Twitter. “The balance sheet also contains coded references about 49 Million US Dollars that went from the portfolio into Hamas’ coffers, an estimated 40% of which went to military/terror expenses.”
Nevertheless, the story of Hamas’ apparent foreign investment portfolio — whose value is nearly equivalent to the net worth of Queen Elizabeth — was only picked up by two English-language media outlets; namely, The Algemeiner and the UAE-based The National. This, even though The New York Times, CNN, The Washington Post and other high-profile outlets have, since the May 21 cease-fire, published over 80 articles related to Gaza’s prospective reconstruction.
