Daily Archives: November 13, 2026

The Board of Peace, the U.S.-chaired body that U.N. Security Council Resolution 2803 welcomed in November 2025 to oversee Gaza’s transition, is built in a way that makes significant fraud and waste a likely risk if money moves at scale. So far, little money has moved. As of November 9, 2026, the public record shows more than $17 billion pledged, under $1 billion reported as secured in April (a figure the Board disputes), and no deposits in the World Bank-administered fund in late May. Donors reportedly used a JPMorgan account that the Board controls instead.
The charter orders the Executive Board to create financial controls but names no auditor, no inspector general, no procurement code and no conflict-of-interest rules, and the Chairman selects, removes and can veto the Executive Board. The World Bank acts only as a limited trustee, and its responsibility ends when money is transferred to the Board. Executive Order 14375 designated the Board a public international organization under the International Organizations Immunities Act, but analysts doubt its statutory basis, and immunity from suit would not be absolute even if the designation holds.
U.S.-funded claims could be reached through the False Claims Act and federal criminal statutes. Fraud involving other donors’ money has no single investigator. No public evidence shows that the Trump family has profited; the same structure that would permit profit would also make it hard to detect. Compared with Iraq, Gaza lacks an independent audit body with access rights, published audit reports and a statutory inspector general. The expert warnings supplied for assessment are sound in structure but overstated in places, and the five predictions are better treated as risks than forecasts. The realistic leverage lies with donors and with Congress, and it must be used before money moves. Continue reading →