IOF Confiscate 6 Million Shekels in Raids on One Bank and 11 Money Exchanges in the West Bank
20 September 2006
In a new piracy crime perpetrated by a state army under orders from the highest levels of a state government, Israeli Occupation Forces (IOF) raided financial institutions in the cities of Ramallah, Nablus, Tulkarm, and Jenin. IOF raided the National Jordanian Bank in Nablus and 11 money exchanges in the four cities. The raiding forces confiscated the property of the raided sites, and detained 7 of their owners. In addition, IOF confiscated 6 million New Israeli Shekels (NIS) (approximately 1.336 million dollars) claiming that the confiscation was based on information that the money exchanges funnel cash to be used in operations against Israeli targets. Read more about IOF Confiscate 6 Million Shekels in Raids on One Bank and 11 Money Exchanges in the West Bank