You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Israel-Palestine-Jordan
Hamas forces accused of Gaza bank robbery
2011-03-04
BETHLEHEM (Ma'an) -- The Palestinian governments in the West Bank and Gaza Strip are at loggerheads again after the Palestinian Monetary Authority accused security forces in Gaza of robbing a bank.
Welcome to First Gaza. How can I help you gentlemen today?
Ummmmm...withdrawl.
Do you have a slip?
No...

The PMA announced Thursday that all banks in the Gaza Strip would close following a robbery at the Palestine Investment Bank in Gaza City.
Okay. See you Monday.
Authority deputy Muhammad Manasreh told Ma'an that Gaza government officials stole $340,000 from the bank over two days.
Next!
On Tuesday, an official from the Hamas-led Ministry of Interior seized $90,000 from the bank by force after bank employees refused to honor a check due to insufficient funds in the account, Manasreh said.
I'm sorry, sir. We can't do that today.
Say hello to my "little friends".
Okay then. How much was that for?

The following day, the same official tried to cash a check for $250,000. Again, bank staff refused to honor the check due to insufficient funds. An argument erupted and cashiers called senior Hamas officials who failed to resolve the dispute, the PMA official added.
Okay. We'll take care of it.
He said the bank was later raided by armed government security forces who seized $250,000.
See? Issue resolved.
The Palestine Investment Bank filed a complaint with security departments in Gaza, Manasreh said. He added that he feared security officials would carry out further raids when the banks opened Sunday to pay employees' salaries.
Well...good you filed that official complaint with them then.
Meanwhile, the Hamas-run Interior Ministry said the money was taken to prevent the transfer of funds out of Gaza to companies based in the West Bank. The ministry said it set up a board to monitor the activities of the Palestine Investment Bank in June 2009 over suspicions the bank was transferring money to Ramallah.
Mahmoud! Haniyeh's wife wants to redo the kitchen. Take some of da boyz down to the bank and get an equity loan...
The raid was "a legal administrative decision" to stop the bank's transfer of funds, the ministry said in a statement.
Ah...Palestinian bookkeeping.
The banking sector in the Gaza Strip has experienced several periods of instability since Hamas seized power in the coastal enclave.
Like...the government robbing banks.
Israel's siege of the territory has led to shortages of physical cash, and customers have previously reported bank closures due to robberies at gunpoint.
Damn Joooos! Look what you made us do!
In June 2010, the Palestine Islamic Bank in Gaza City suspended operations in protest over three incidents of cash being "withdrawn by force" by Gaza government security forces. At the time, Gaza police said the incident was the legal recovery of $16,000 dollars belonging to a local charity, following a court ruling to unfreeze their funds held in the bank.
We eliminate the paperwork and pass the savings onto...us.
Posted by:tu3031

#3  Not to worry the un and eu will reload the atm maching for hamas.
Posted by: Cyber Sarge    2011-03-04 15:05  

#2  Boy howdy the Office of the United Nations High Commissioner for Refugees sure is going to be unhappy that someone stole their payroll...
Posted by: Steve White   2011-03-04 13:54  

#1  pretty insecure banking when your money is stolen by the cops and government. I bet Obama and teh UN will replace teh funds. Wouldn't want the Gazoo peeps to go in need
Posted by: Frank G   2011-03-04 10:40  

00:00