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The World Bank Continuing Aid to Palestinian Terrorism

| 1 Comment

The World Bank released on March 7 its report on the Palestinian Authority. While critical of the PA's lack of transparency and inability and/or unwillingness to account for the hundreds of millions it received from donors, including $100 million in tax revenues given by Israel directly to PA chairman Mahmoud Abbas, the Bank also urges donors to renew funding the Hamas led government.

Last we checked, Hamas is still designated by the U.S. as a terrorist organization. Why then the call from the WB, headquartered in Washington DC, a stone's throw from the White House, Treasury and the State Department to fund terrorists?

It's worth noting that the report was completed in February, but was released shortly after Salam Fayyad, the former Finance Minister agreed to resume his task under the Hamas ruled government. Fayyad is a former World Bank employee, who served as the International Monetary Fund representative to the PA from 1995-2001.

It seems that Fayyad's failure to get the PA's finances under control during Arafat and Abbas-led Fatah governments, now qualifies him to do the same under Hamas.

What will it take for the Western donor countries to stop funding this festering terrorist entity? It is the billions of dollars in World Bank, EU, and UN aid since 1993 that facilitated the Palestinians terrorist death culture to flourish. Yet, the WB thinks Hamas could use some extra funds to expand its terrorist agenda.

The U.S., which designated Hamas as a terrorist organization, is the major shareholder in the Bank, with more than 16 percent of the votes. Why was this latest recommendation allowed?

By Rachel Ehrenfeld of the Terror Finance Blog

1 Comment

Of course they are. On the upside a very high level Iranian general has defected and is said to be cooperating with Western intelligence. This guy ran the Revolutionary Guard and was instrumental in setting up Hezbollah. He knows where the bodies are buried in Lebanon, quite literally, and he may also have some insight into whatever tentacles Iran has in the Territories.

This is majorly good news for Israel in particular, but its also verified proof that not all is well in the house that Khomeini built. We just keep turning the diplomatic screws and watch Iran implode.

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