Wednesday
July 30, 2014
Saturday, February 1, 2014

Israel's finance minister halts funds to West Bank settlements

Israel''s Economy Minister Yair Lapid.

Israel's finance minister halted the transfer of government funds to West Bank Jewish settlements, and ordered a probe into allegations that money meant to support municipalities had been funnelled to a pro-settler political group.

The money in question had been earmarked to cover security and building maintenance fees that were incurred when Israel froze settlement building for 10 months during 2009 and 2010, the Finance Ministry said in a statement.

But some of the money may have illegally made its way to the Yesha settler's council to be used for political purposes, including activities that run counter to government policy, the ministry said.

The allegations had been reported on Israeli television.

A spokesman for the Yesha council could not be reached for comment.

Finance Minister Yair Lapid, who heads a centrist party in the ruling coalition, ordered payments to be "stopped immediately" until the issue was cleared up, the statement said.

Lapid opened a investigation to determine within the week where the funds had gone.

Israel's YNet news website reported that, over the past four years, the government had transferred 148 million shekels ($42 million) to the municipalities to help compensate them for income lost as a result of the 10-month freeze, declared under US pressure to help restart peace talks.

Most countries consider the settlements Israel has built in the West Bank, land that it captured in a 1967 Middle East war, to be illegal. Palestinians say the continued presence of Jewish settlements will deny them a viable state.

  • CommentComment
  • Increase font size Decrease font sizeSize
  • Email article
    email
  • Print
    Print
  • Share
    1. Vote
    2. Not interesting Little interesting Interesting Very interesting Indispensable
Tags:  World  Israel  Palestine  Settlements  





  • Comment
  • Increase font size Decrease font size
  • mail
  • Print

COMMENTS >

Comment






Grupo ámbito ámbito financiero ambito.com Docsalud AlRugby.com Premium El Ciudadano El Tribuno Management

Director: Orlando Mario Vignatti - Edition No. 4205 - This publication is a property of NEFIR S.A. -RNPI Nº 5177376 - Issn 1852 - 9224 - Te. 4349-1500 - San Juan 141 , (C1063ACY) CABA