Posts Tagged ‘treasurt’

US Freezes Assets of Gaza Hamas Bank, TV Station

http://news.yahoo.com/s/afp/20100318/pl_afp/mideastusgazabankingsanctionsmedia WASHINGTON (AFP) – The US Treasury on Thursday froze the assets of Gaza-based Islamic National Bank and Al-Aqsa Television, saying they were "controlled" by Hamas which Washington has branded a terrorist group. The INB provided financial services to Hamas members and employees, including members of its military wing, while the Al-Aqsa Television station was financed by the Islamist movement, the Treasury said in a statement. The Treasury Department explained that the Islamic National Bank (INB) is controlled by Hamas, which the US considers “a Specially Designated Global Terrorist,” and provides financial services to Hamas members and employees, including members of the organization's military wing

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