Netanyahu ignored calls to disrupt Hamas finances, claims ex-Mossad official
February 26, 2024 8 Comments
A RETIRED SENIOR MOSSAD official has alleged that Israeli Prime Minister Benjamin Netanyahu repeatedly ignored, and even frustrated, efforts to stop the flow of hundreds of millions of dollars to Hamas. This inaction may have enabled the Palestinian militant group to plan, organize and execute Operation Al-Aqsa Flood, which killed over 1400 Israelis on October 7, 2023, and sparked the current war between Israel and Hamas.
The allegation was made by Udi Levy, a 30-year veteran of the Israeli intelligence community, who served as an intelligence officer in the Israel Defense Forces before being appointed to head the Economic Warfare Division of the Mossad, Israel’s external intelligence agency. During his tenure in the Mossad, which ended with his retirement in 2016, Levy was a member of Task Force Harpoon, which aimed to disrupt the flow of funds to militant Palestinian groups, including Hamas.
Last week, Levy told the BBC’s flagship investigative television program Panorama that Task Force Harpoon had identified around 40 companies in the Middle East and North Africa, which were part of Hamas’ investment portfolio. These companies, based in countries such as Sudan, Algeria, Turkey, Saudi Arabia, and Qatar, were active in the areas of real estate, mining, construction, and tourism, among others. Some of the companies were even directly controlled by Hamas, said Levy.
The income from these financial investments allowed Hamas to use “billions, not millions” of dollars to build its military infrastructure in the Gaza Strip, according to the former Mossad official. That investment income was supplemented with direct cash infusions from Iran and Qatar, which in some cases arrived monthly through special envoys, according to Levy. He added that Turkey was “a critical focal point” in Hamas’ money network, as it served as a financial hub for the militant group’s holdings.
Levy told the BBC that he personally advised Netanyahu to “target Hamas’ finances” and explained to him that “Israel had the means to crush Hamas by using only financial tools”. However, Levy claims that, not only did the Israeli prime minister ignore Levy’s advice, but he proceeded to shut down the Mossad’s Task Force Harpoon. This is not the first time that Levy has made these claims. In December 2023, he told The New York Times that Task Force Harpoon analysts were so frustrated with the Israeli government’s inertia, that they resorted to “uploading some documents to Facebook” in hopes that the Israeli authorities would be forced to take action once details about Hamas’ finances were disclosed.
► Author: Joseph Fitsanakis | Date: 26 February 2024 | Permalink
SINCE OCTOBER 7, WHEN Hamas launched its surprise attack on Israel, many more details about the intelligence failure have emerged. It appears that Israeli intelligence officials have warned for years about military exercises held by Hamas in the Gaza Strip, which have included practice raids on cities deep inside Israel. However, the Israel Military Intelligence (IMI) did not heed to the warnings, because it considered Hamas operationally incapable of carrying out such raids. Instead, the IMI estimated that the Hamas leadership aimed to arrive at a settlement with Israel. That seems like the result of a highly successful disinformation operation, which added significantly to the effectiveness of the sudden attack on Israel on October 7.
large number of settlements simultaneously. It also believed that such an operation would go against the spirit of Hamas leadership’s spirit intention to settle with Israel.
Indeed, a preventive course of action should have been in place even in the absence of specific intelligence warnings —if only to enable the IDF to repel a surprise attack by Hamas. There was no need to estimate what Hamas would do in order to prepare for a surprise attack.
ARGUABLY NO COUNTRY BENEFITED more from the American invasion of Iraq than the Islamic Republic of Iran. In a war that lasted over a decade, Washington spent over
branch of the Iranian Armed Forces that protects and promotes the ideological inheritance of the 1979 Islamic Revolution.
SEVERAL DAYS HAVE PASSED since October 7, the day when Hamas stunned Israel with a surprise attack against several settlements near the Gaza border. It is now clear that Israeli intelligence was in possession of warning indicators about the attack, and that these indicators were misjudged.
forwarded to Prime Minister Netanyahu’s office. The Israeli newspaper that
THE HAMAS-LED OPERATION al-Aqsa Flood, which began on October 7, marked the first large-scale conflict within the borders of Israel since the 1948 Arab-Israeli War. However, unlike the coalition of Arab armies it faced in 1948, Israel now confronts an alliance of sub-state groups. Led by Hamas’ military wing, the al-Qassam Brigades, this alliance includes the Syrian- and Iranian-backed Palestinian Islamic Jihad and a number of secular groups, such as the Fatah-aligned al-Aqsa Martyrs’ Brigades, the Popular Front for the Liberation of Palestine (PFLP) and the Democratic Front for the Liberation of Palestine (DFLP).
REPORTS FROM KUALA LUMPUR SUGGEST that Malaysian agents operating in the service of Israeli intelligence carried out the kidnapping of a Palestinian engineer, Omar al-Balbaisi, on September 28.
A NEW STUDY SHEDS light on the little-studied topic of counterintelligence operations launched against Israel by the Islamic Resistance Movement, better known as Hamas. Hamas is a Palestinian Sunni Islamist and nationalist organization with a 35-year history, which has controlled the Gaza Strip since 2007. As is typically the case with Middle Eastern non-state actors, Hamas is a complex umbrella organization that combines social-service and administrative functions with armed elements. The latter include internal policing components and a full-time military wing, as well as reserve armed forces.
On the 20th anniversary of the outbreak of the second intifada (October 2000), the debate arises again in Israel as to whether the Palestinian move was an initiative of Chairman Arafat and the Palestinian Authority or whether it was a spontaneous evolution on the Palestinian side that largely surprised not only Israel but also the Palestinians.
A leaked report produced by analysts at Israel’s Ministry of Intelligence urges the government to annex occupied territories in the West Bank as soon as possible, in case Donald Trump loses the upcoming United States presidential elections in November. The report advises the Israeli government that it “should not expect” a widespread outbreak of violence in the streets. It also forecasts that “a wave of diplomatic protests” will gradually give its place to acceptance, as “the international system acclimates itself to annexation”.
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The Palestinian Authority has announced an immediate cessation to all intelligence and security ties with Israel and the United States. The announcement, made on Thursday by Palestinian Authority President Mahmoud Abbas, marks the strongest response so far by the Fatah-dominated administration to the Israeli government’s plan to annex large parts of the occupied West Bank.
An undercover Israeli team that clashed with Hamas in Gaza on November 11 —an incident that brought the region to the brink of war— was installing an advanced surveillance system, according to Palestinian sources. Local media reports said that the Israeli undercover team —believed to be members of the Israel Defense Forces (IDF)— killed seven members of Izz ad-Din al-Qassam Brigades, the military arm of Hamas’ armed wing. The IDF troops eventually escaped into Israel with the help of air support, having lost one team member. The incident was followed by a barrage of nearly 500 rockets and mortars fired from the Gaza Strip into Israel. The Israelis responded by firing more than 160 missiles that fell throughout the Palestinian enclave. Hostilities were halted on November 13, when Hamas declared a unilateral ceasefire brokered by Egypt. The incident prompted the 






Ex-head of Israeli Military Intelligence discusses October 7 attack in leaked recordings
August 25, 2025 by intelNews 6 Comments
It is unclear who Haliva was speaking to when he was recorded, or by whom he was recorded. Nor is it clear when or where the recordings occurred. They were leaked last week by Israeli television station Channel 12. There follows a summary of Haliva’s comments in the leaked recordings.
Personal Responsibility. Haliva admits that the disaster occurred during his watch; therefore, he bears ultimate responsibility. At the same time, he emphasizes that responsibility is systemic and broad—not only his, but also that of the entire Israel Defense Forces (IDF), the Israel Security Agency (ISA), and the country’s senior political leadership. He states: “Anyone who voluntarily assumes a leadership position knows that his decisions will bring both great successes and great failures”.
Systemic and Cultural Failures. Haliva argues that the failure originates from a long-standing organizational culture within the Aman, rooted in arrogance, overconfidence, and the belief that “the enemy is deterred”, as well as the idea that Israel’s intelligence is all-powerful. This mindset led to operational stand-downs during Sabbaths, holidays, and in the month of August, reflecting overconfidence. He warns: “This was not a one-time accident, but something that requires dismantling and rebuilding the system”.
Responsibility of Other Bodies. Haliva points to the ISA as the agency that should have provided human intelligence alerts on the evening of October 6 and the early hours of October 7, 2023, but did not. He criticizes the government and the cabinet for not holding serious, in-depth discussions on Gaza, while for years allowing Hamas to grow stronger with the help of Qatari money and by dividing Gaza from the West Bank.
The Political Leadership and Benjamin Netanyahu. Haliva describes Netanyahu as “a very attentive man, who reads, but is very cowardly—and in the test of results, he failed”. He emphasizes that Israel’s political leadership made decisions that strengthened Hamas and hindered proper preparedness. His conclusion: “In such a biblical-scale disaster, responsibility lies with everyone—they should all step down”. Read more of this post
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