archivestate department

Funds

US slams Smotrich’s transfer of $134 million from Palestinian Authority frozen funds – Israel News

NEW YORK – In a Thursday afternoon post on X, Finance Minister Bezalel Smotrich said that he signed an order transferring about $134 million from the Palestinian Authority’s (PA) frozen funds to victims of terrorism.Smotrich described the order, which he signed on Sunday, as an act of “historical justice,” saying that the PA “encourages and favors terrorism by paying the families of terrorists, prisoners, and released prisoners.”“By the judgments that awarded compensation to the victims of terrorism, we offset the same amounts from the PA’s funds and transfer the...
Banking

Bank Leumi freezes account of Israeli sanctioned by US – Israel News

Bank Leumi informed Yinon Levi, one of the four Israelis recently sanctioned by the US, that his accounts at the bank had been frozen on Sunday, according to KAN news.Levi has two accounts at Bank Leumi: a personal one and a business one. On Thursday, the US State Department announced that four Israelis had been sanctioned under an executive order by US President Joe Biden for violence against Palestinians and pro-Palestinian activists in the West Bank. What is Levi accused of?According to the State Department, Levi led a group of...