Live Update 
From the Liveblog of
Thursday, April 18, 2024
From the Liveblog of
Thursday, April 18, 2024
Defense Ministry, IDF: NIS 29 million in cash seized by troops in Gaza ‘forfeited’ to the state
Add ToI as a Preferred Source on GoogleEmanuel (Mannie) Fabian is The Times of Israel's military correspondent
Cash seized by the IDF in the Gaza Strip is seen being counted before being deposited at the Bank of Israel, April 18, 2024. (Defense Ministry)
The Defense Ministry and IDF say they have seized a total of NIS 29 million ($7.6 million) in cash in the Gaza Strip, and “forfeited” it to the state.
The cash was seized from Hamas strongholds and homes of terror operatives, during the IDF’s ground operations in Gaza, the ministry says.
Today, NIS 12 million ($3.2 million) was deposited at the Bank of Israel, adding to another NIS 17 million ($3.5 million) seized and forfeited since the beginning of the war.
The ministry says there are additional sums of cash, which are still undergoing a “deposit process.”
Earlier this year, the IDF said it had captured NIS 20 million ($5.3 million) in cash in a Hamas tunnel.
If you’d like to comment, join
The Times of Israel Community.
The Times of Israel Community.
JOIN THE TOI COMMUNITY
Already a member? Log in here