facebook-pixel

LDS Church, Western banks among many that unwittingly invested in an equity fund used to finance Hamas

The Utah-based faith’s investment arm, Ensign Peak Advisors, bought more than 200,000 shares in a publicly traded Turkish real estate company, through a U.S. firm.

(Tamir Kalifa | The New York Times) Evgenia Simanovich runs to the family home's reinforced concrete shelter, moments after rocket sirens sounded in Ashkelon, Israel on Saturday, Oct. 7, 2023. Senior Israeli and American officials failed to prioritize financial intelligence — which they had in hand — showing how tens of millions of dollars flowed to Hamas, at the exact moment that it was buying new weapons and preparing an attack.

(Tamir Kalifa | The New York Times) Evgenia Simanovich runs to the family home's reinforced concrete shelter, moments after rocket sirens sounded in Ashkelon, Israel on Saturday, Oct. 7, 2023. Senior Israeli and American officials failed to prioritize financial intelligence — which they had in hand — showing how tens of millions of dollars flowed to Hamas, at the exact moment that it was buying new weapons and preparing an attack.