IDF says it killed financier involved in funneling tens of millions of dollars to Hamas terrorists

The Israeli Defense Forces announced Tuesday morning that it has killed a prominent financier who helped funnel tens of millions of dollars to fund Hamas' military forces, salaries and war activities.

"In a targeted operation in the middle of Rafah in the Gaza Strip, Subhi Ferwana was eliminated by an IAF fighter jet directed by IDF and ISA intelligence," the IDF said. 

Subhi Ferwana, alongside his brother, "funneled tens of millions through his company 'Hamsat' to fund Hamas' military forces, terrorists' salaries and war activities," the IDF wrote on X, the platform formerly known as Twitter.

"Ferwana transferred funds to Hamas’ military wing during the war and was aware that these funds would be vital for continuing the wing’s ability to fight," the IDF continued. "The funds were used - among other things - for intensification of military forces, the payment of terrorists’ salaries during the war, and to finance Hamas' war activities."