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US, Saudi Arabia freeze group's assets
Dawn ^
| December 24 2003
Posted on 12/25/2003 7:38:08 AM PST by knighthawk
WASHINGTON, Dec 24: The United States and Saudi Arabia have jointly moved to freeze the assets of two European offshoots of Muslim groups suspected of raising money for the Al Qaeda network, officials said on Wednesday.
They designated the two groups as financiers of terrorism and asked for international sanctions against one of their managers. US and Saudi officials said the Bosnia-based Vazir and the Liechtenstein-based Hochburg AG have been fronting for entities already sanctioned by the international community.
The ban on them has been imposed under a UN Security Council resolution that allows nations to act jointly to slap legal restrictions on terrorist groups. The United States and Saudi Arabia also designated Safet Durguti, a representative of the Vazir organization, as a terrorist financier.
The Vazir organization came under scrutiny after Saudi Arabia, working with the US Treasury Department, designated the Bosnia branch of the Al Haramain Islamic Foundation as financiers of terrorism.
Saudi Arabia and the United States determined that the Bosnia and Somalia branches of the Al Haramain Islamic Foundation supported terrorist activities and terrorist organizations.
TOPICS: News/Current Events; War on Terror
KEYWORDS: alharamain; alqaeda; alqaida; assets; bosnia; frozenassets; moneytrail; saudiarabia; waronterror
To: MizSterious; rebdov; Nix 2; green lantern; BeOSUser; Brad's Gramma; dreadme; Turk2; keri; ...
Ping
2
posted on
12/25/2003 7:39:02 AM PST
by
knighthawk
(Live today, there is no time to lose, because when tomorrow comes it's all just yesterday's blues)
To: knighthawk
Good news...Stop the money flowing!
3
posted on
12/25/2003 7:44:02 AM PST
by
MEG33
(Joy To The World)
To: MEG33
Merry Christmas!
4
posted on
12/25/2003 8:03:20 AM PST
by
knighthawk
(Live today, there is no time to lose, because when tomorrow comes it's all just yesterday's blues)
To: knighthawk
"And he shall reign forever and ever!"Merry Christmas!
5
posted on
12/25/2003 8:12:02 AM PST
by
MEG33
(Joy To The World)
To: FairOpinion; Pro-Bush; BagCamAddict; ganeshpuri89; pokerbuddy0; cgk; Sabertooth; Donna Lee Nardo; ..
SA cooperating?
6
posted on
12/25/2003 10:50:42 AM PST
by
JustPiper
(Following the course of least resistance makes for crooked rivers and crooked men)
To: JustPiper
The House of Saud has been walking a very fine line for years. On the one hand the average Saudi seems to prefer a more secular and western life style. One the other you have the Muslim fundamentalists who basically want to control the people through religion. The House of Saud has been attempting a balancing act between the two sides, the will of the people and fear of the fundamentalists.
They're having to confront the situation now.
To: knighthawk
These groups are being forced to go to smaller and smaller governments to try to keep their accounts, but it's not going to work. We are going to trace them down one by one. Shut off their money and soon they will be powerless, still evil, but unable to purchase their deadly weapons.
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