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 @ISIDEWITHNewsPalestineforeign aidDaily DiscussionUNmoney launderingUNRWAInfrastructurePalestinianUSAid•••9hrs ago

Revealed: USAID'S $310M Cement Factory Near Hamas Tunnels

USAID invested $310 million of taxpayer money in 2016 to fund a Palestinian cement factory project run by Sanad company.

Sanad Construction Resources Company is publicly traded on the Palestine Stock Exchange (PEX).

The company reportedly benefited from cement purchases made as foreign aid by USAID, UNRWA, and the UN.

The article suggests this cement supply was used in the construction of Hamas tunnels and military infrastructure.

Sanad's executive head, Loai Quwas, indicated the project had been in planning since 2013.

The cement factory project was characterized as a private venture with alleged insufficient oversight.

The article claims USAID would later purchase cement from the same company it helped fund.

This circular flow of money is described as potentially resembling a money-laundering scheme.

The article questions the lack of accountability in how U.S. tax dollars were allocated to this project.

The situation raises concerns about inadvertent support of terrorist infrastructure through aid programs.

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Congress Calls Trump's Gaza Plan "Bizarre And Incoherent"

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