Israeli Companies Suspected Of Aiding Islamic Jihad

We knew the Israeli government supported the rise of Hamas when Arafat's PLO was in charge of representing the Palestinions, now it seems that Israeli corporate ethics has gone to a new level...

Police investigators sweep offices of two Israeli companies with business ties to a Palestinian importer, accused of funneling monies to terror groups

Taken from Ynet News, Israel, 25.02.07,
By Efrat Weiss

Police investigators on Sunday swept the offices of two Israeli companies with business ties to a Palestinian importer of food products, accused by Israe l 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 due to its connections with terror groups.

Shintraco Ltd., a Ramat Gan-based importer of food products, carried out business transactions with Abu Aker 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.
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.

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.