Armed groups in Gaza rob Bank of Palestine branches

Armed groups in Gaza rob Bank of Palestine branches
Armed groups in Gaza rob Bank of Palestine branches

Hello and welcome to the details of Armed groups in Gaza rob Bank of Palestine branches and now with the details

Nevin Al Sukari - Sana'a - Palestinians walk a building destroyed by Israeli bombardment in Gaza City on May 3, 2024, amid the ongoing conflict between Israel and the militant group Hamas. ― AFP pic

PARIS, May 5 ― Armed groups in Gaza, including one with presumed Hamas links, last month robbed the Bank of Palestine of some US$70 million (RM332), French daily Le Monde reported today.

The funds were taken from the vaults of several branches of the bank, it said, citing a Bank of Palestine document sent to “certain international partners” detailing the robberies.

On April 16, staff discovered a hole in the ceiling of the safe deposit room at one of the bank’s Gaza branches and found that some US$3 million worth of Israeli shekels destined for cash dispensers were missing, Le Monde said.

The next day, armed groups equipped with explosives returned to the site, blew up a cement protection chamber, and took more than US$30 million in various currencies from three safes.


Two days later, the biggest Gaza branch was attacked by commandos who said they answered to “Gaza’s highest authorities”, which the paper said is understood to mean Hamas.

They took more than US$36 million worth of shekels.

The Bank of Palestine, founded in 1960, is Gaza’s leading financial institution.


The Palestinian Monetary Authority, an independent body that oversees the financial system in Palestinian territories, said when contacted by AFP that it was planning to issue a statement about the issue later today. ― AFP

These were the details of the news Armed groups in Gaza rob Bank of Palestine branches for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Erdoğan claims Eurovision contestants threaten family values
NEXT Vatican investigation absolves Canadian cardinal in assault case

Author Information

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 2077 Sharon Lane Mishawaka, IN 46544, USA Phone: (+1) 574-255-1083 Email: [email protected]