Israel lobby organizations such as the Zionist Organization of America ($2-5 million), Friends of the IDF ($2-5 million) and the Israeli American Council ($1-2 million) are grabbing huge 100% forgivable loans from the CARES Act PPP program.
According to SBA data released on Monday, Israeli’s Bank Leumi has doled out a quarter to a half billion dollars under the PPP program, despite being called out for operating in the occupied West Bank.
Leumi has given sweetheart deals to fellow Israeli companies Oran Safety Glass (which defrauded the US Army on bulletproof glass contracts) and Energix, which operates power plants in the occupied Golan Heights and West Bank.
This exchange took place today on C-SPAN’s Washington Journal.
This video clip with additional information is available on IRmep’s YouTube Channel.
Grant F. Smith is the author of the new book The Israel Lobby Enters State Government. He is director of the Institute for Research: Middle Eastern Policy IRmep in Washington, D.C. which co-organizes IsraelLobbyCon each year at the National Press Club.