Board of Peace Denies $400 Million Gaza Debt Payout, Caps Review Over 3 Years
Updated
Updated · Fox News · Aug 13
Board of Peace Denies $400 Million Gaza Debt Payout, Caps Review Over 3 Years
3 articles · Updated · Fox News · Aug 13
Summary
$400 million in the Gaza roadmap is not a committed payout to Hamas-era debts, a senior Board of Peace official said, calling it only a capped review process with no obligation to spend.
Each claim would be vetted individually after a successor Gaza administration gains records, with payments allowed only for legitimate workers or suppliers needed to keep services running.
The official said money could be released area by area before Hamas is fully removed from all of Gaza, but not into zones where Hamas still controls territory or could siphon funds.
Sen. Ted Cruz said donor money is fungible and could still strengthen Hamas indirectly, while the Board argued Hamas is insolvent and any risky payment would be blocked.
Recovered Hamas assets would be used first where possible, the official said, and any outside funding would come from regional partners rather than the United States.