Posted on 02/08/2025 1:51:31 PM PST by grundle
Most people are unaware that USAID, the U.S. government agency tasked with foreign aid and development, gifted in 2016, $310 million of taxpayer money to start a Palestinian cement factory project. The project was a private venture, by a company called Sanad Construction Resources Company (SANAD), the establishment of multiple cement mills and factories which ultimately helped create Hamas' terror infrastructure in Gaza.
Sanad Construction Resources Company (SANAD) is a Palestinian publicly traded company, in PEX (Palestine Stock Exchange), it has profited handsomely from the purchase of cement as foreign aid, particularly from USAID, UNRWA and the UN. Much of its revenue came from cement and construction contracts funded by these organizations. Cement—critical for building tunnels and military infrastructure—was always a priority for Hamas and USAID ensuring it had a cement factory nearby, ensured it had an endless supply. The likelihood that Sanad’s cement ended up in the hands of Hamas is almost certain.
In 2016, during a press conference, where the project was announced, Loai Quwas, the executive head of Sanad said,
“…establishing the factory is a dream of Sanad company and the Palestinian investment fund, adding that it has been started since 2013”
Sanad Construction Resources Company (SANAD) was established in January 2016, the same year it received $310 million in funding from USAID for a Palestinian cement factory project. About a year later, in February 2017, the company began publicly trading on the Palestine Exchange (PEX). The timing of these events should raise questions about the relationship between the funding and the company's rapid growth. The company is considered the largest distributor of cement in Palestine, as it meets approximately 65% of the needs of the Palestinian market.
USAID’s involvement in this project sparks a chilling question: How could U.S. tax dollars be blindly funneled into a private venture, with zero oversight or accountability, empowering a terrorist organization? Worse yet, after funding Sanad to build the cement factory, USAID would later purchase cement back from that very same company. This circular flow of money seems less like an aid initiative and more like a dangerous money-laundering scheme, giving Hamas a steady stream of resources while making some very wealthy in the process.
With USAID now shut down, it’s time for a thorough investigation into this $310 million disaster and subsequent purchases. The U.S. government must hold accountable those responsible for enabling a project that strengthened Hamas while squandering taxpayer money. USAID’s complete lack of oversight is a betrayal to every American. USAID’s actions are not a bureaucratic error—it directly contributed to the violence in the region. It's time for transparency, accountability, and reform to ensure that U.S. foreign aid never again becomes a tool for terrorism.
USAID, making the world a better place for terrorism and global communism. This needs to be on CNN. Oh wait.......
Hillary Clinton was into the cement business at one time, as I recall. Not this project but before it.
Yeah, making cement shoes for troublesome people.
Great post, grundle.
Thanks to everyone who is doing the heavy lifting on these completely amazing and shocking news reports!
BTTT
Bkmk
Betcha that was an Obama call.
The grift, the treason, the crime and the looting of the people’s purse is beyond astounding! There better be people going to prison for what they’ve done and for some need to receive life sentences behind bars or by a rope. General Flynn said that the crimes that Musk has exposed inside the DC machine thus far is just the beginning. Astounding!!
An open air prison full of poor refugees has a stock exchange?
Cement for tunnels, check.
Irrigation pipe for rockets, check.
Sugar and fertilizer for rocket fuel, check.
Condoms for areal incendiary devices, check.
Pagers for communi
USAID and other DeepStaters have committed unhearof amounts of treason. Thousands will need to be indicted, tried, convicted, and sentenced to be publicly hanged for their treasonous crimes.
This is why the Traitorcrats are resorting to their next-to-last option and have activated their traitorous judges to stop the Trump Administration with a flurry of TROs.
The last option of the Demonicrats (and RINOcrats) is a full-scale leftist insurrection using their Antifa terrorist organizations (who have been practicing over the years in insurrection methods), along with their islamoterrorist allies.
Bingo.
I read elsewhere that the UN laid down steel water pipe for Gazans and as soon as it was done, Hamas dug it up and used it to make rockets. Any guesses where the UN got the money?
Why are we giving anything to those “Palestinians”?
No a penny for them!
Thanks for the ping civ...
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