The Board of Peace, led by Donald Trump, has gathered massive financial pledges intended for Gaza's rebuilding. However, reports indicate that these donations are being moved through a private JP Morgan account to avoid traditional oversight.

The JP Morgan account bypassing official Gaza funds

The Board of Peace, led by Donald Trump, is facing significant scrutiny regarding its financial management of international donations. According to the report, contributions from nations such as Morocco and the United Arab Emirates are being funneled directly into a private JP Morgan bank account. This method allows the organization to bypass the transparency regulations that typically govern large-scale international reconstruction efforts.

While the UAE has pledged $100 million to establish a new police force in Gaza, these funds remain frozen and the program has yet to launch. This lack of movement, combined with the use of private banking,raises concerns about whether the pledged billions will ever reach the intended recipients on the ground.

A proposed $5 billion redirection from the Palestinian Authority

The Trump administration is reportedly considering a move that could further destabilize the region's existing political structures. The plan involves asking Israel to redirect $5 billion in tax revenues—which are currently being withheld from the Palestinian Authority—to help finance the Board of Peace's reconstruction efforts .

This proposal is particularly controversial because the Palestinian Authority is already navigating a severe financial crisis. Additionally, the Authority has no representation on the Board of Peace, leading to accusations that the initiative is designed to manage Gaza's future without the input of its own governing bodies.

European allies flag Russian influence and UN disruption

The Board of Peace's expansive goals have drawn sharp critiicism from several European powers, including the United Kingdom, France, Germany, Italy, Spain, Norway, and Sweden. These allies have expressed specific concerns regarding the potential for Russian involvement in the board's operations.

There is a growing fear among these nations that the board could undermine the United Nations' role in global peacekeeping. This concern is fueled by Secretary of State Marco Rubio’s suggestion that the board could eventually serve as a model for resolving other global crises, a vision that implies the Board of Peace might one day oversee UN functions.

The $17 billiion question of Palestinian sovereignty

Palestinian residents and leaders have largely condeemned the board as a threat to their fundamental rights and self-determination. Journalist Bisan Owda has described the board's proposals as a "trap" and an "illusion," while displaced residents have rejected temporary housing offers that require them to abandon their heritage and connecction to their land.

Despite the board's February meeting resulting in $7 billion in pledges and Donald Trump’s promise of an additional $10 billion, the lack of a transparent, official fund remains a central mystery.. The source primarily highlights these criticisms from Palestinian and European perspectives, leaving several questions unanswered: where is the $7 billion currently held, and what is the board's true ultimate purpose?