On Monday, Counter Extremism Project (CEP) Chief Executive Officer Ambassador
Mark D. Wallace called on the U.S. Treasury Department to sanction the entirety
of Hamas’ $500 million investment empire, following new U.S. designations
against Hamas financiers at Turkish real estate investment firm Trend
Gayrimenkul Yatirim Ortakligi A.S. (“Trend GYO”).





<[link removed]>
<[link removed]>
<[link removed]>
<[link removed]>



CEP CALLS FOR ADDITIONAL SANCTIONS ON HAMAS FINANCIERS, INVESTMENT PORTFOLIO


(New York, N.Y.) — On Monday, Counter Extremism Project (CEP) Chief Executive
Officer Ambassador Mark D. Wallace called on the U.S. Treasury Department to
sanction the entirety of Hamas’ $500 million investment empire, following new
U.S. designations against Hamas financiers at Turkish real estate investment
firm Trend Gayrimenkul Yatirim Ortakligi A.S. (“Trend GYO”). On Friday, Trend
GYO principals Alaeddin Senguler, Gulsah Yigidoglu, and Arwa Mangoush were each
sanctioned for having provided “financial, material, or technological support”
to Hamas.



CEP wrote
<[link removed]>
to Trend GYO on May 16, 2022, noting its role as a primary vehicle through
which Hamas controls a vast portfolio of real estate. CEP expressed its alarm
that one of the most senior officials in Hamas’s worldwide funding ventures,
Hisham Yunis Ichiyeh Qafisheh – who has Palestianian, Jordanian and Turkish
citizenship – also served on the Trend GYO Board. One week later, on May 24,
the U.S. Treasury Dept.sanctioned
<[link removed]> Trend GYO and other
entities responsible for administering Hamas’ Investment Office. Hamas business
operations are ultimately controlled by Hamas’s Shura Council and Executive
Committee.



Ambassador Wallace stated:



“We applaud this most recent round of sanctions aimed at degrading Hamas’
financing. Hamas’ vast real estate empire is a major revenue stream and all the
more troubling due to its ostensibly licit character. We urge all national
jurisdictions, especially where Hamas is already sanctioned, to sanction Trend
GYO. It is also critical to note that this Turkish entity is only one piece of
the Hamas funding puzzle.”



Recent reporting reveals
<[link removed]>
that Hamas leadership abroad has amassed a fortune of around $700 million,
mostly housed in Hamas-controlled companies in Turkey, Qatar, Algeria, the
United Arab Emirates, and Sudan. Hamas leaders Ismail Haniyeh, Khaled Mashal,
and Abu Marzuk are each reportedly worth$3-4 billion
<[link removed]>
.



Haniyeh planned and celebrated the October 7 Israeli massacre from his safe
harbor in Qatar. That day, Hamas committed an atrocity of unparalleled
savagery, surpassing even ISIS in its brutality – subjecting whole families,
women, children, grandparents and babies to rape, torture and butchery. More
than 1,400 persons were massacred, while Hamas currently holds some 222
hostages inside the Gaza Strip.



Hamas is variously subject to outright or partial bans, assets freezes, and
other proscriptions in the United States, Australia, Canada, New Zealand,
Israel, Egypt, Jordan, Japan, Paraguay, and the United Kingdom.



To read CEP’s May 16, 2022 letter to Trend GYO, click here
<[link removed]>
.



To read CEP’s report on Hamas, click here
<[link removed]>.



###











Unsubscribe
<[link removed]>
|Donate <[link removed]> | Contact Us
<[link removed]>


Were you forwarded this email? Subscribe for yourself here
<[link removed]>
.