".... the sanctions were imposed against Islamic National Bank, opened by Hamas in April 2009, for providing financial services to Hamas members and employees, including members of its military wing.
The Treasury said the bank lacks a legal license from the Palestinian Monetary Authority and operates outside the legitimate financial system. In May 2009, the Treasury said Hamas' finance office in Gaza moved 1.1 million euros into the Islamic National Bank and used the funds to pay salaries of Hamas military wing members who held accounts at the bank.
The Treasury said Al-Aqsa Television station is financed and controlled by Hamas and serves as a primary Hamas media outlet that airs programs "designed to recruit children to become Hamas armed fighters ...."
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