A US appeals court has unblocked 30 million dollars belonging to the Palestine Monetary Authority (PMA), the authority's head said.
George al Abed, the authority's governor, said the court decided earlier this month that the PMA is independent of the Palestinian Authority (PA) and the money should be released.
The money had been frozen following a law suit by the family of an American-Israeli who was killed by Palestinian militants. The courts ruled in favor of the family and froze Palestinian funds held in the US.
However, the appeals court in New York ruled that the PMA's money could not be held for funds owed by the PA. The PMA will now be able to continue operations in the US.
[ Deutsche Presse-Agentur]
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