Abbas rejects Israel's partial transfer of Palestinian tax revenues

April 5, 2015 3:18 PM

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GAZA (Reuters) - Palestinian Authority President Mahmoud Abbas said on Sunday Israel had released frozen tax revenues to the Authority but that he had ordered the funds to be returned because money had been deducted to cover debts to Israeli utility companies.

Israel started withholding around $130 million (87 million pounds) a month in tax and customs revenues in December. The move came after the Palestinians announced that they were joining the International Criminal Court (ICC), a move finalised on April 1.

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