TRADE BASED MONEY LAUNDERING FROM PORT OF TAMPA FL USA TO GAZA.The company in the report below has been importing food stuffs purchased by PIJ operatives in North America (Tampa Fl) and elsewhere for resale in Gaza and Israel with the proceeds going to the PIJ. Akar Trading co ltd " We are direct mandates for sugar refinery in Brazil, great prices and assurances that the sugar will be delivered". Akarco Trading Co ltd has offices in Gaza and in Israel
"It is known that the Palestinian Islamic Jihad is engaged in money laundering for purposes of transferring funds used to finance terrorism. The prevailing method is based on transferring the organization's funds from abroad to the Palestinian Authority administered territories (hereinafter: “PA”) through goods. The goods are purchased, through the financing of the Palestinian Islamic Jihad, from international commercial companies (Tampa Fl), and delivered to commercial companies in the PA.
The Israeli security forces, in collaboration with the customs authorities, recently confiscated containers with tens of thousands of dollars' worth of goods in the Ashdod Port. The purchase of the goods has allegedly been funded by the Palestinian Islamic Jihad and meant to finance the organization's activities. The confiscated goods had been sent to Abu Akar, a Gaza-based company specializing in food import is headed by Fayez Abu akar, they receive goods from Tampa Fl.
Defense Minister Shaul Mofaz signed a military injunction ordering the closure of a Gaza Strip company involved in money laundering on behalf of Palestinian terror. The Israel Defense Forces and the police have been instructed to close down the company’s offices in Israel and in the Palestinian territories and to confiscate its assets. The illegal activities of Abu Aker (aka Abu Akar) Food Imports and Marketing Ltd were busted following a joint investigation by the Shin Bet and the Drugs Authority. Investigators gathered evidence that brothers Faez (aka Fayez) and Mohammad Abou Aker (aka Akar) funneled hundreds of thousands of dollars to Hamas and Palestinian Islamic Jihad through the company,the seized goods consisted of bottles of palm oil (similar to Olive Oil).
The leaderships of Hamas and Islamic Jihad paid for goods purchased by the Abu Aker brothers abroad (Tampa Fl). Once the goods were shipped to the Gaza Strip the brothers funneled large amounts of their revenues to terrorists in the Gaza Strip. Terror elements abroad have increasingly relied on money laundering and other underworld activities to funnel funds to Palestinian terror organizations in the Gaza Strip and the West Bank.
Fayez Ouda Abu Akar, the Abu Akar company owner, is a Khan Younis businessman known for his links to terrorist organizations, Security forces arrested him shortly after the raid at the port. The Israeli forces also fired a shell at his store of food-stuffs located below a 5-storey apartment building (owned by Fayez 'Ouda Abu 'Akar). The store was severely damaged and four Palestinian civilians were also wounded by the Israeli shelling
According to security officials, in an effort to whitewash money used to finance its activities, Islamic Jihad operatives abroad (Tampa Fl) purchase goods that are sent to companies in Palestinian Authority controlled areas. There, the money from the sales of the goods is transferred to Islamic Jihad operatives to fund terrorist activities in the West Bank and Gaza.
Israeli Police investigators swept the offices of two Israeli companies with business ties to a Palestinian importer of food products, accused by Israel of funneling monies to the Hamas and Islamic Jihad terror groups. According to police sources, Shintraco Ltd. and Maayan Ltd. ignored recommendations by the Ministry of Defense not to do business with food staples importer Abu Aker (aka Abu Akar) due to its connections with terror groups.
Shintraco Ltd., a Ramat Gan-based importer of food products, carried out business transactions with Abu Aker Co.despite being informed that the Palestinian company had been banned from operating in Israel in 2005 for laundering money on behalf of terror groups. Israeli investigators found that overseas representative for the terror groups purchased merchandise abroad on behalf of Abu Aker whose employees then paid the money back to terror operatives in the West Bank and the Gaza Strip.
Mayan Ltd., a consultant on customs and VAT payments, coordinated Shintraco's business dealings with Abu Aker (aka Abu Akar Co). A number of Mayan and Shintraco employees have been remanded for interrogation. Police said employees of both companies attempted to blur all evidence pointing to their cooperation with Abu Aker Co. Sources at Maayan said the police investigation was centered on the activities of Shintraco, one of its customers, denying their company had knowingly assisted terror groups.
Akarco Trading co ltd aka Abu Aker Co ,We are Direct mandates for sugar refinary in Brazil, great prices and assurances that the sugar will be delivered.
Akarco Trading Co ltd has offices in Gaza and in Israel Fayez Abu Akar Director of Akarco trading co ltd, aka; Fayez 'Ouda Abu 'Akar.
Palestine - Gaza ,Eldaraj St, Elzawya Marketnear Salah El Deen School.
Tel : (Import Dep.) : +972-8-2807481: Fax : +972-8-2807484
Tel : (General and Marketing Dep.): +972-8-2807358: Fax : +972-8-2807354
Mobile : +972-59-408627
Email :fayez@akarco-trading.com
The Israeli Customs Authority confiscated 31 containers of goods worth hundreds of thousands of US dollars, which were on their way to Gaza Strip, under the pretext that the revenues of these goods were financing Hamas and the Islamic Jihad movements. Israeli officials further claimed that Fayez Abu Akar Company in Khan Younis City, which imported these containers, was not allowed to import because it was linked with financing Palestinian organizations, as was declared by the Israeli Defense Minister Shaul Mofaz two months ago.
Israel considered that the funds going to certain Palestinian factions in the occupied territories fuel what they referred to as "the infrastructure of terrorism", and that confiscating these goods was part of cutting off these funds.
Bill Warner, Private Investigator
