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The Israel Defense Forces on Tuesday released this image of Subhi Ferwana

Israel's Military Eliminates 'Prominent Hamas Financier' Involved in Funneling Tens of Millions of Dollars

Israel’s military announced Tuesday, December 19, that it has taken out Subhi Ferwana, a “Hamas financier involved in transferring tens of millions of dollars to the Hamas terrorist organization’s military wing.”

The IDF said Ferwana was “eliminated by an Israeli Air Force fighter jet” during a targeted operation in the middle of Rafah in the Gaza Strip. The jet conducted the strike using information from the IDF and Israel’s Shin Bet intelligence agency, it added.

“Ferwana was a prominent financier who, together with his brother, was involved in the transfer of tens of millions of dollars to the Hamas terrorist organization and its military wing in the Gaza Strip through their money exchange company, ‘Hamsat,’ over the past few years,” the IDF said in a statement.

“Ferwana transferred funds to Hamas’ military wing during the war and was aware that these funds would be vital for continuing the wing’s ability to fight. The funds were used -- among other things -- for intensification of military forces, the payment of terrorists’ salaries during the war, and to finance Hamas’ war activities.”

Meanwhile, Prime Minister Benjamin Netanyahu published a declaration on Wednesday evening which included a message for the Hamas terror organization. “We are continuing the war to the end. It will continue until the elimination of Hamas - until victory. Whoever thinks we will stop is not connected to reality.”

“We will not stop the fighting until we reach the goals we set: the elimination of Hamas, the release of the hostages, and the removal of the threat from Gaza,” the Prime Minister declared. (FN / VFI News)

“The nations have fallen into the pit they have dug; their feet are caught in the net they have hidden.” - Psalm 9:15