IDF Eliminates Hamas Financiers Who Funneled $170M to Terror Ops
Israeli forces killed two senior Hamas operatives who orchestrated the transfer of approximately $170 million to the terrorist organization's armed units through Turkey and Gaza-based networks.
The targeted operation on June 17 killed Hussein Qadra, who directed a Hamas-controlled financial operation, and Mohammed Farra, an operative with ties to both Hamas and Palestinian Islamic Jihad, as New York Post reports.
The IDF stated that the network operated through an intricate system of couriers and currency exchangers based in Turkey and Gaza to move funds totaling more than 500 million shekels into the hands of Hamas militants.
Financing Terror Operations
According to Israeli military officials, the financial pipeline was actively used in recent months to compensate terrorists and bankroll attacks targeting both Israeli military personnel and civilian populations.
The successful strike was carried out while IDF troops remained positioned throughout the Gaza region in compliance with existing ceasefire arrangements, the military confirmed.
Ceasefire Context and Israeli Demands
The current cessation of hostilities took effect in Gaza on October 10, 2025, temporarily halting the conflict that erupted when Hamas, allied Palestinian terrorist factions, and Gazan civilians launched a devastating invasion of the northwestern Negev region on October 7, 2023.
Jerusalem maintains that any permanent peace arrangement must guarantee the complete disarmament of Hamas, its removal from authority in Gaza, and its permanent exclusion from any future Palestinian governing structure.
The IDF emphasized that its forces will continue operations to neutralize immediate security threats despite the ongoing truce.
With information from New York Post
