US State Department: $10 million reward for information on Hamas financial network

The U.S. State Department is offering a reward of up to $10 million for any information leading to the disruption of the financing for the Hamas terror organization.

The Rewards for Justice Program published a press release naming five financiers of Hamas - Abdelbasit Hamza Elhassan Khair ("Hamza"), Amer Kamal Sharif Alshawa, Walid Mohammed Mustafa Jadallah, Ahmed Sadu Jahleb, and Muhammad Ahmad ‘Abd Al-Dayim Nasrallah – and stated that the U.S. would award as much as $10 million for information on these "financial facilitators."

Three of the five financiers are reportedly part of Hamas' investment network in Turkey, and the other two are located in Sudan and possibly Qatar.

The reward offers are not only for information leading to the five designated terrorists but for information on all sources of revenue for Hamas, including major donors, front companies, criminal schemes, and financial institutions that facilitate transactions for Hamas.

Hamza, based in Sudan, has allegedly played a leading role in the management and growth of Hamas finances.

According to the State Dept, Hamza “has managed numerous companies in Hamas’s investment portfolio and was previously involved in the transfer of almost $20 million to Hamas, including funds sent directly to senior Hamas financial officer and U.S.-designated Specially Designated Global Terrorist (SDGT) Mahir Jawad Yunis Salah,”

In addition to Hamas funding networks and money laundering to generate revenue, Hamza reportedly has financing ties to al-Qaeda and Osama bin Laden-linked companies in Sudan, as well as ties to former Islamist Sudanese President Omar Bashir and other Islamist groups.

Two of the other named financiers, Alshawa and Jadallah, are both based in Turkey and serve as board members on several Hamas investment portfolio companies. Jahleb, also based in Turkey, is the investment portfolio secretary for Hamas and coordinates various activities for companies that the terror group controls, as well as for Hamas officials.

Nasrallah, a longtime Hamas operative, was reportedly based in Qatar up until October and has close ties to Iranian entities. According to the State Department, Nasrallah "has been involved in the transfer of tens of millions of dollars to Hamas, including to Hamas’s military wing, the Izz al-Din al-Qassim Brigades.”

Israeli intelligence has held information about Hamas’ comprehensive financial operations since 2018, including assets around the world worth hundreds of millions of dollars but did not take measures to shut the operations down, believing Hamas to be more interested in ruling the Gaza Strip than to start a war with Israel, according to a New York Times report.

The report also stated that Hamas revenues included Hamas-owned Sudanese companies involved in mining, chicken farming and road construction, as well as two skyscrapers owned by Hamas in the United Arab Emirates and real-estate business projects in Algeria and Turkey.

The revenues are believed to have financed Hamas' brutal assault on Oct. 7, during which 1,200 individuals, primarily civilians, tragically lost their lives in a surprise invasion of southern Israel by more than 3,000 terrorists.