Federal officials are currently probing a somewhat obscure nonprofit, which allegedly has amassed a $100 million fund aimed at anti-Israel activities, backed by supporters of billionaire Mayor Zoran Mamdani, according to reports.
The Department of Homeland Security is looking into the British entity referenced only as PFF, to determine if it has improperly channeled funds to al-Haq, a Palestinian group that was sanctioned by the U.S. in September, according to sources.
Beyond that, investigators are examining whether those behind the fund are utilizing unclear British organizations to mask the flow of money across borders, as indicated by individuals familiar with the situation.
One individual noted that Basema Youssef, a Democratic donor originally from New York and now residing in London’s upscale Kensington, is a key figure in these fundraising efforts.
Youssef, who has a background with Al Jazeera and consulting for Booz Allen Hamilton, frequently engages in the campaigns led by Representative Rashida Tlaib, known for her strong criticism of Israel.
Youssef has been described by officials as a “well-connected operative” who connects various influential groups, including veterans from the State Department, management consultants, and progressive leaders.
Furthermore, she is reportedly a close associate of Mamdani’s textile advisor, Waleed Shahid, as well as Zara Rahim, who played a significant role in the recent leftist campaign victory.
In her social media activity, Youssef has made several inflammatory remarks against CBS correspondent Matt Gutman, targeting him due to his Jewish background, claiming the network is “owned and operated by Zionists.”
In a March exchange, she reacted aggressively to Gutman’s coverage of Israeli air raid sirens, dismissing the situation by asserting that Israel was busy “committing war crimes” with U.S. taxpayer dollars.
Youssef is believed to have established PFF with assistance from Yasser Shahin, an Australian Palestinian motorsports entrepreneur, and Basil Kunibi, an executive based in Texas.
Shahin, a racing driver known for competing in high-profile events like the 24 Hours of Le Mans, has significant stakes in a major Australian retail corporation, an asset he inherited from his father, as per public documents.
Additionally, Kunibi is known as the CEO of Atom Investors and has a prominent role with the U.S. World Food Program. He previously founded a platform for institutional investors but has faced no allegations of involvement in PFF.
A spokesperson for Kunibi denied any wrongdoing but did not provide detailed comments regarding his connection to PFF when approached for clarification.
Both Youssef and Shahin have not addressed inquiries about the allegations, nor did City Hall respond to requests for comment regarding the mayor’s involvement.
One informed source alleged, “A new fund established by Arabs from the US, UK, and Australia aims to combat Israel.” There are concerns about the organization operating in secrecy, and the source emphasized the need for transparency about its activities.
Reportedly, PFF has ties to Hussam Zomlot, the Palestinian ambassador in the UK, who, while unable to formally join the board, purportedly aided in gathering key players for the initiative.
Zomlot declined to answer questions about the fund during a brief phone conversation, insisting that inquiries be directed to his office.
PFF’s website claims it is dedicated to seeking justice, equality, and freedom globally, aspiring to create positive cycles of influence and resilience. However, insiders allege that its leadership is focused on covertly advancing anti-Israel agendas and supporting legal actions for pro-Palestinian advocates.
The DHS’s Homeland Security Investigations division can engage in operations when illegal financial activities span across borders, particularly when American assets are funneled through British companies.
A DHS spokesperson indicated they do not comment on specific investigations or methods when asked about the reported actions against PFF, which is said to exploit legitimate financial systems for illicit transfers.
It’s important to note that the current investigations do not imply that any criminal activity has occurred, and none of the individuals connected to this matter have faced criminal charges.
