05/02/11

Permalink Stealing from their victims: Israel Won’t Transfer $89 Million in Funds Owed to Palestinians

Israeli Finance Minister Yuval Steinitz announced today that his government will stop all transfers of cash owed to the Palestinian Authority, starting with $89 million in funds they were due to send in the next week.

The move came in the wake of Israeli threats to stop transfers as punishment for the reconciliation deal reached last month between Fatah and Hamas. Steinitz said that the “burden of proof” was on the Palestinians to prove that any money wouldn’t be used for "terror". Under current agreements, the Israeli government collects a number of taxes for the PA and is supposed to transfer them regularly. In practice, this cash has been withheld whenever Israeli officials objected to internal policy moves.

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