South African Banks Fund Hamas

Research conducted by The Jerusalem Post staff and several sources uncovered what appears to be a network of several South African organizations and straw man companies deeply involved with funding Hamas activities through the Al-Quds Foundation, an international group sanctioned by the US and outlawed by Israel, using accounts registered in major local South African banks: Standard Bank, Nedbank, and Absa. …

Advertisement

Nevertheless, the South African chapter of the Al-Quds Foundation appears to have been faced with a sort of roadblock when it comes to transferring funds to Hamas, a source said. Reaching out to a contact within the foundation, the speaker commented that there were “some problems” with Al-Quds Foundation’s bank account registered in Absa bank, and so to accept funds from abroad, they used an account belonging to another group, named the Baitul Maqdis Foundation instead.

This organizational cover is further reinforced by a poster from October 2023 showing banking details for a donation to Al-Quds Foundation SA, which uses a Standard Bank account by the name of Baitul Maqdis, and according to sources, processes transfers in US Dollars as well as South African Rand[.]

[Well, this certainly would explain why South Africa literally prosecuted Israel for waging the war that Hamas and Gaza launched on October 7th. Follow the money, find the corruptocrats and moral idiots. — Ed]

Join the conversation as a VIP Member

Trending on HotAir Videos

Advertisement
Advertisement
Advertisement