Trump's Board of Peace on Wednesday denied reports that it had agreed to cover up to $400 million in Hamas debts, insisting the money is earmarked for legitimate contractors and public sector employees, not the terror organization.
The denial came after Kan News reported Tuesday that the Board had agreed to pay the debt under Clause 5 of its 15-point Gaza roadmap. Nickolay Mladenov, the Board's senior representative to Gaza, issued a forceful statement on X rejecting the account.
"There is no financial agreement between the Board of Peace and Hamas," Mladenov wrote. "No such proposal was discussed, negotiated, or considered, and it will not be on the table in the future either."
Mladenov said Hamas would be excluded from Gaza's governance and would have no access to Board of Peace funding. Funds would be subject to contractual review, project verification, and audits by donor governments, he added.
According to a Board official cited by The Times of Israel, the disputed $400 million would go only to verified contractors whose work is confirmed as legitimate, along with severance for Gaza civil servants not rehired by the new technocratic government. Background checks would screen out anyone tied to terrorism, the official said.
The Board's framework, Mladenov argued, provides Israel with "full disarmament, civilian governance, and an international security presence under U.S. command." He cautioned that alternatives—Hamas rearming or Israel reoccupying Gaza—would carry significant costs.
On Sunday, Prime Minister Benjamin Netanyahu rejected the 15-point plan, saying Israeli forces would not leave Gaza until Hamas is fully disarmed.
Open Source Intel reported:
New details on the Board of Peace disarmament agreement with Hamas, per sources familiar with the deal:
Light and heavy weapons will be moved to designated storage facilities and dismantled there. The depots will be controlled by the NCAG police force, whose officers are all vetted by the Shin Bet, with a multinational force overseeing the process.
Civilians may only keep light weapons "subject to Palestinian law." The maximum permitted personal weapon would be a handgun, licensed by the Palestinian technocratic government.
Israel will cease fire once the process begins. An initial two-week ceasefire is meant to finalize implementation. If Hamas fails to start disarming, the ceasefire is considered violated and ends.
Israel's withdrawal from the 53% "Yellow Line" only happens after full demilitarization is complete.
