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US says Saudi individuals still funding terrorism
Reuters ^ | 4/4/06 | Caroline Drees

Posted on 04/04/2006 9:36:57 PM PDT by dervish

Saudi Arabia must do a better job at ferreting out major individual donors who continue to fund terrorism abroad, including in Iraq, a top U.S. Treasury official said on Tuesday.

Stuart Levey, the Treasury's undersecretary for terrorism and financial intelligence, said Saudi Arabia had made significant strides in counterterrorism efforts in recent years and that the kingdom was "doing an excellent job" fighting operatives of Osama bin Laden's al Qaeda network at home.

But he told a hearing of the Senate Banking Committee that concerns remained, including the existence of so-called "deep-pocket donors" and the abuse of charities to fund militants.

"Is money leaving Saudi Arabia to fund terrorism abroad? Yes," said Levey, who has traveled to Saudi Arabia twice in the last two months. "Undoubtedly, some of that money is going to Iraq. And it's going to Southeast Asia and it's going to any other place where there are terrorists."

He said Saudi Arabia had taken steps to curb terrorism financing, but had failed to set up a special charity commission to regulate the sector, as it had pledged. He said rules implemented as a stop-gap measure in the interim "haven't been uniformly implemented."

(Excerpt) Read more at today.reuters.com ...


TOPICS: Foreign Affairs; News/Current Events; War on Terror
KEYWORDS: financialintelunits; iraq; islamiccharities; jihad; moneylaundering; richardshelby; rop; saudiarabia; syria; terror

1 posted on 04/04/2006 9:37:00 PM PDT by dervish
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To: dervish

NO I DON'T BELIEVE IT.

The Saudis are peaceful Wahhibis.


2 posted on 04/04/2006 9:38:46 PM PDT by jmc1969
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To: dervish

Another juicy target.


3 posted on 04/04/2006 9:40:57 PM PDT by onedoug
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Individuals? How about their so-called Government...


4 posted on 04/04/2006 9:46:15 PM PDT by oolatec
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To: dervish
memo to the Saudis: "Either you are with us or you are with the terrorists". ~ GWB

Make a choice and make it soon. Got it?

5 posted on 04/04/2006 9:51:25 PM PDT by afnamvet (Enforcement First!)
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To: dervish

"Saudi Arabia must do a better job at ferreting out major individual donors who continue to fund terrorism abroad, including in ..." America?


6 posted on 04/04/2006 9:51:38 PM PDT by sageb1 (This is the Final Crusade. There are only 2 sides. Pick one.)
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To: jmc1969

They are a very fiendly country..


7 posted on 04/04/2006 10:31:44 PM PDT by sheik yerbouty ( Make America and the world a jihad free zone!)
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To: jmc1969

Oh, say it isn't so.


8 posted on 04/04/2006 11:40:21 PM PDT by Frwy
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To: dervish
Pope still Catholic

Bears---woods

Muslimes--psychopathic retards!

9 posted on 04/05/2006 1:16:58 AM PDT by rawcatslyentist (Oh, what sad times are these when passing ruffians can say Ni at will to old ladies.)
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