Kenneth Rijock

Kenneth Rijock

Thursday, November 22, 2012

WARNING ON ISLAMIC NATIONAL BANK (GAZA)



If you have been following the developments in the Middle East, you may know that Israeli jets destroyed the headquarters, in Gaza, of Islamic National Bank, in a bombing run, on 20 November. Not to be confused with National Islamic Bank, of Iraq, the Gaza bank was reportedly used by Hamas to pay its people, after foreign banks exited Hamas transactions, due to international sanctions, and the well-placed fear that major fines & penalties could be imposed by US regulators.


Islamic National Bank operates outside the law; according to the Palestinian Monetary Authority*, which regulates all financial institutions in the Palestinian Territories, INB does NOT hold a license from the PMA. It is not listed on the Authority's website as an accredited bank. After the air raid, Suleiman Tawil, who claimed to be the bank's owner, denied that the bank had a political agenda. The question remains, however: how did he get governmental permission to open an "outlaw" bank, unless he had Hamas' blessing ?


Furthermore, INB is not connected to the international banking system; a thorough search through the SWIFT website fails to reveal any SWIFT number for the bank. Obviously, the "bank" disburses cash, in US Dollars and/or New Israeli Shekels, to Hamas agents in Gaza. Where does its cash comes from ?

Notwithstanding that its headquarters is no longer operational, the bank's primary client, Hamas, needs to continue to pay its agents and soldiers. You can expect that bank officers will be making new requests for large amounts bulk cash somewhere in the Middle East quite soon, if they are not already in Beirut, Dubai, and Cyprus, with large suitcases; Watch for them. You also want to be extremely wary of any correspondence received from anyone claiming to be as representative of Islamic National Bank.
 Issued during British Mandate for Palestine. Note that the printer was Thomas De La Rue, London.
________________________________________________________________________
*http://www.pma.ps/

1 comment:

  1. Hello Everybody,
    My name is Mrs Sharon Sim. I live in singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) +918376918351 Thank you.

    ReplyDelete

Note: Only a member of this blog may post a comment.