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Shadi Abu Hatzira | Photo: IDF

IDF Eliminates Hamas Financier Who Funneled Millions to Terror

Marni Harow

By: Tehilla Chakol

Editor: Marni Harow

5 hours ago

Shadi Abu Hatzira headed the Geneva money-exchange network, funneling tens of millions of shekels in foreign currency to Hamas’s military wing to finance terrorists, build military infrastructure and advance terror plots.


Israeli forces killed Shadi Abu Hatzeira in an airstrike in Gaza on Sunday. Abu Hatzeira was a key money changer for Hamas’s military wing who ran a currency exchange network that funneled tens of millions of shekels in foreign currency to the terror group. The strike was carried out from the air with precision targeting to eliminate the threat he posed, the IDF said.

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Strike in Gaza, Archive | Photo: Arab Social Networks

Abu Hatzeira ran the “Geneva” currency exchange network, which transferred tens of millions of shekels in foreign currency to Hamas’s military wing. The funds were used to finance terrorists, rebuild military infrastructure, and advance terror operations against Israeli forces. He also worked as a merchant in Gaza and managed “Gardena Professional,” a company that helped facilitate his money transfer operations.

In recent months, Abu Hatzeira advanced terror operations against IDF forces and Israeli civilians and worked to rebuild Hamas’s capabilities, systematically violating the ceasefire.