US treasury official warns over Hamas funding

A Treasury official said the US is renewing plans to pursue Hamas funding streams and called on allies and the private sector to do the same or “be prepared to suffer the consequences.”

“We cannot, and we will not, tolerate money flowing through the international system for Hamas' terrorist activity,” said Brian Nelson, under secretary for terrorism and illicit finance, at an anti-money laundering conference.

“Treasury will bring our tools to bear against Hamas' financing and the overall funding of terrorism,” he said. (AP)