Friday 09 May 2025 
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Zionists to loot $27.5mn assets from Palestinian Authority

The Zionist regime’s Finance Minister, Bezalel Smotrich has announced that the regime would confiscate the property worth $27.5 million from the Palestinian Authority (PA).

Tehran, Qodsna - According to the Palestinian media sources, Smotrich signed the order to seize the property of the Palestinian Authority.

 

The seizing of these amounts of assets is in line with the execution of a verdict issued by Zionist courts to compensate Zionists who were killed during the Palestinian operations.

 

Last year, Smotrich signed a similar order to confiscate the PA property worth 37 million dollars, arguing that the move was taken due to the Palestinians' decision to enter into a political and judicial war against the regime, with reference to lawsuits filed against Zionist crimes in international courts.

 

In May, the Zionist regime’s far-right finance minister announced that he would be withholding tax revenues earmarked for Palestine. The decision was made in response to Spain, Ireland and Norway’s recognition of a Palestinian state.

 

These developments come at a time when the Palestinian Authority that exercises partial control over the occupied West Bank, is already grappling with a severe financial crisis.

 




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