Unveiling Hamas’ Financial Network: Insights from a Former Mossad Official

In an exclusive interview conducted by The Media Line, Dr. Udi Levy, a former member of Mossad’s Economic Warfare Division who now serves as a senior researcher at the Jerusalem Institute of Strategy and Security, provided valuable insights into the financial operations of Hamas. Levy highlighted the pivotal role that the billions of dollars received by Hamas from various global sources play in the group’s development and operation. Notably, in 2014, Levy’s unit had warned the Israeli government of the significant financial support flowing to Hamas, particularly from Qatar. Despite this warning, the Israeli government allowed the influx of funds as an attempt to ease tensions. However, this decision ultimately enabled Hamas to enhance its capabilities by constructing extensive tunnel networks, acquiring a substantial arsenal of rockets, and compensating its personnel.

Although Hamas’ financial system has been weakened by conflict, Levy points out that the group still manages to access significant funds, including those held in Turkish banks and siphoned humanitarian aid. He highlights that a purely military approach is insufficient to defeat groups like Hamas and underscores the crucial nature of cutting off their funding. Moreover, Levy warns of the broader implications, stressing that failure to cease the funding of radical groups by the global community could result in the infiltration of terrorist ideologies within the borders of liberal Western nations.

For a more detailed and comprehensive understanding of this intricate issue, the full interview is available for viewing on The Media Line’s website.