whatsapp

Italian police arrest nine, seize €8 million in Hamas financing probe

  • 0
  • 297
/media/Italian_police_arrest_nine_seize_8_million_in_Hamas_financing_probe.webp © Image Copyrights Title

Rome: Italian police have arrested nine people and seized more than €8 million in assets in an investigation into alleged financing of Hamas through charitable associations, authorities said.

The arrests were carried out by national police and the Guardia di Finanza in an operation coordinated by Genoa’s District Anti-Mafia and Anti-Terrorism Directorate.

Investigators said the suspects raised at least €7.3 million for Hamas through three Italy-based associations operating in Genoa and Milan. The investigation began before the Hamas-led attack on southern Israel on October 7, 2023.

Prosecutors allege that seven of those arrested were members of Hamas’ foreign operations wing, while two others provided external support.

Of the nine arrest warrants issued, seven were executed in Italy. Two suspects are believed to be in Turkey and Gaza, according to Genoa chief prosecutor Nicola Piacente.

Authorities identified Mohammad Hannoun, president of the Association of Palestinians in Italy and founder of the Associazione Benefica di Solidarietà con il Popolo Palestinese (ABSPP), as the alleged leader of the network.

Prosecutors said more than 71 per cent of donations collected by ABSPP and related organisations were transferred to entities linked to or controlled by Hamas.

Court documents said the group avoided banking controls by creating new associations after several financial institutions closed accounts linked to Hannoun following alerts from Israeli and US authorities.

Investigators said funds were sent through foreign intermediaries to groups in Gaza, the West Bank and Israel that authorities have declared illegal due to Hamas ties, or directly to Hamas members.

Prosecutors added that some of the money was used to support families of people involved in suicide attacks or imprisoned for terrorism offences, which they said strengthened Hamas’ operational capacity.

The probe involved phone surveillance, financial tracking and cooperation with authorities in the Netherlands and other European countries.

Judge Silvia Carpanini said Hannoun posed an immediate flight risk, citing evidence he planned to move to Turkey. Italian Prime Minister Giorgia Meloni praised the operation, while Interior Minister Matteo Piantedosi said it exposed the misuse of humanitarian activities to fund terrorism.

Hannoun’s lawyer said the funds were raised for humanitarian purposes and disputed the prosecutors’ interpretation of the transactions.

Related Posts
© US Consumer Sentiment Hits Record Low as Inflation Fears Surge Amid Iran War

US Consumer Sentiment Hits Record Low as Inflation Fears Surge Amid Iran War

Consumer confidence in the United States has fallen to its lowest level on record, as rising inflation fears and geopolitical tensions linked to the Iran conflict continue to pressure household sentim...

  • 888
© Global Markets Rise as Oil Prices Edge Higher Ahead of US-Iran Ceasefire Talks

Global Markets Rise as Oil Prices Edge Higher Ahead of US-Iran Ceasefire Talks

Global financial markets showed cautious optimism on Friday, with equities advancing and oil prices ticking higher as investors awaited critical ceasefire talks between the United States and Iran sche...

  • 894
© Europe Energy Prices Seen Staying High Despite Iran Ceasefire

Europe Energy Prices Seen Staying High Despite Iran Ceasefire

Energy prices across Europe are expected to remain elevated despite a ceasefire between the United States and Iran, due to ongoing supply disruptions and global market pressures. The International ...

  • 603
© New Polymarket Accounts Profit Big on US-Iran Ceasefire Bets, Raising Insider Trading Concerns

New Polymarket Accounts Profit Big on US-Iran Ceasefire Bets, Raising Insider Trading Concerns

A group of newly created accounts on Polymarket made substantial profits by placing timely bets on a US-Iran ceasefire just hours before the announcement by Donald Trump, prompting concerns over poten...

  • 484
© Greek and Liberian Ships First to Transit Strait of Hormuz After Ceasefire

Greek and Liberian Ships First to Transit Strait of Hormuz After Ceasefire

A Greek-owned bulk carrier and a Liberia-flagged vessel have become the first ships to transit the Strait of Hormuz following a ceasefire between the United States and Iran. According to maritime t...

  • 603
© US and Iran Agree to Two-Week Ceasefire, Strait of Hormuz to Reopen

US and Iran Agree to Two-Week Ceasefire, Strait of Hormuz to Reopen

The United States and Iran have agreed to a two-week ceasefire, pausing further military action and allowing the reopening of the Strait of Hormuz. Donald Trump said the United States would suspend...

  • 622
© US Vice President JD Vance Visits Hungary to Back Orbán Ahead of Elections

US Vice President JD Vance Visits Hungary to Back Orbán Ahead of Elections

US Vice President JD Vance arrived in Hungary on Monday in a move widely seen as a show of support for Prime Minister Viktor Orbán ahead of the country’s upcoming parliamentary elections. Vance is ...

  • 392
© Spain Breaks Jobs Record with Over 22 Million Social Security Contributors

Spain Breaks Jobs Record with Over 22 Million Social Security Contributors

Spain’s labour market reached a historic milestone in March, with the number of Social Security contributors surpassing 22 million for the first time, according to official data released on Monday. ...

  • 416
© French-Linked Ship Crosses Strait of Hormuz in First Western European Transit Since Iran War

French-Linked Ship Crosses Strait of Hormuz in First Western European Transit Since Iran War

A container vessel linked to France has successfully crossed the Strait of Hormuz, marking the first known transit by a Western European-affiliated ship since the outbreak of the Iran conflict in late...

  • 318
© Egg Prices Surge Across Europe Ahead of Easter, Spain Sees Sharpest Rise

Egg Prices Surge Across Europe Ahead of Easter, Spain Sees Sharpest Rise

Egg prices across Europe have surged significantly ahead of the Easter season, with inflation in the category far outpacing overall consumer price growth, according to recent data from Eurostat and Eu...

  • 540
© French Vessel Crosses Strait of Hormuz in First Western European Transit Since Iran Conflict

French Vessel Crosses Strait of Hormuz in First Western European Transit Since Iran Conflict

A container vessel linked to French shipping group CMA CGM has crossed the Strait of Hormuz, marking the first known transit by a Western European-associated ship since the outbreak of the Iran confli...

  • 432
© Germany and Italy Push EU ‘Kill Switch’ Proposal for Global Stablecoins

Germany and Italy Push EU ‘Kill Switch’ Proposal for Global Stablecoins

Germany and Italy have proposed sweeping new measures to regulate global stablecoins within the European Union, including a mechanism that would allow authorities to shut down certain digital currenci...

  • 323
© Ultra-Rich Hold $2.84 Trillion Untaxed Wealth, Surpassing Assets of World’s Poorest Half

Ultra-Rich Hold $2.84 Trillion Untaxed Wealth, Surpassing Assets of World’s Poorest Half

The world’s wealth inequality has reached a striking new milestone, with the top 0.1% holding an estimated $2.84 trillion in untaxed offshore wealth—surpassing the combined assets of the poorest half ...

  • 514
© Iran War Pressures Germany Economy as Growth Forecast Slashed and Deficit Rises

Iran War Pressures Germany Economy as Growth Forecast Slashed and Deficit Rises

Germany’s economic outlook has deteriorated sharply as the ongoing Iran conflict adds fresh pressure to an already fragile recovery, prompting leading research institutes to significantly cut growth p...

  • 470
© Unilever and McCormick Near Mega Deal to Form Global Food Giant

Unilever and McCormick Near Mega Deal to Form Global Food Giant

Global consumer goods leader Unilever is moving closer to a landmark agreement with U.S.-based McCormick & Company to restructure its food division, in a deal that could reshape the global packaged fo...

  • 416
© TotalEnergies Earns $1 Billion Profit Amid Middle East Oil Disruptions

TotalEnergies Earns $1 Billion Profit Amid Middle East Oil Disruptions

French energy giant TotalEnergies is reported to have earned more than $1 billion in profit after aggressively trading Middle Eastern crude oil during disruptions caused by the ongoing Iran conflict. ...

  • 372
© European Markets Mixed as Iran Tensions Drive Oil Prices Higher

European Markets Mixed as Iran Tensions Drive Oil Prices Higher

European markets traded mixed on Monday as rising oil prices and ongoing tensions linked to the Iran conflict continued to weigh on investor sentiment. Major indices showed varied performance durin...

  • 401
© SpaceX IPO: Elon Musk Plans Up to 30% Share Allocation for Retail Investors

SpaceX IPO: Elon Musk Plans Up to 30% Share Allocation for Retail Investors

Elon Musk is reportedly planning to allocate up to 30% of shares in SpaceX’s upcoming initial public offering (IPO) to retail investors, marking a major shift from traditional Wall Street practices. ...

  • 360
© New Poverty Measure Shows US Lagging Behind Europe Despite Higher Incomes

New Poverty Measure Shows US Lagging Behind Europe Despite Higher Incomes

A new method of measuring poverty suggests that the United States is falling behind major European economies, despite having higher average incomes. The research, developed by an Oxford University ...

  • 467
© BYD Profit Falls 19% Amid Price War Despite Overtaking Tesla in EV Sales

BYD Profit Falls 19% Amid Price War Despite Overtaking Tesla in EV Sales

BYD reported a 19% decline in annual profit for 2025, highlighting growing pressure from intense competition in China’s electric vehicle market, even as it strengthened its lead over Tesla in global s...

  • 453
Commnets 0
Leave A Comment