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Italian Court Orders Iran Asset Freeze By Guy Dinmore in Washington Tue Dec 13, 2005 A court in Italy has ordered the freezing of an Iranian government account held in a Rome bank in what lawyers say represents an unprecedented legal victory for three US families seeking compensation from Iran for its alleged support of Palestinian suicide bombings that killed their relatives. Lawyers and activists in Washington said their success in Italy was likely to be followed by similar cases against Iran in other courts in Europe and possibly Asia. The ruling could also open the floodgates to similar civil...

The accounts of one of the major mosque of New York, named Al-Falah Mosque which was located in the Corona district of New York, and was inhabited by majority of Pakistani and Bangladeshi citizens, has been frozen. The personal accounts of the Imam (chief administrator) have also been sealed along with. The mosque was frequented by various preaching delegations from Pakistan and Bangladesh, and they also held religious congregations. The decision was so sudden that, it transpired on the mosque administration only when they went to the bank for their daily transactions, where they were informed of the "federal freeze"...

The U.S. government has moved to financially isolate a man who allegedly worked with Osama bin Laden and other terror leaders to finance jihadist groups in Albania. Monday's order from the Treasury Department prohibits Americans from doing business with Abdul Latif Saleh, 48. It also freezes any assets Mr. Saleh may have within U.S. jurisdiction. The Treasury says Mr. Saleh received $600,000 dollars from Osama bin Laden to "encourage the establishment" of Albanian extremist groups. It says Mr. Saleh founded and organized an organization that seeks to destabilize Albania by fomenting conflict among the country's religious groups. The Treasury says...

U.K. Freezes Assets of Group Linked With Saudi Exile Al-Faqih Dec. 24 (Bloomberg) -- The U.K. government told its central bank to freeze the assets of an organization it suspects of having links with Saad al-Faqih, a Saudi Arabian dissident living in exile in Britain. Chancellor of the Exchequer Gordon Brown instructed the Bank of England to direct British financial institutions to immediately freeze funds belonging to the Movement for Islamic Reform in Arabia, the Treasury said in a statement. The Treasury said it has ``reasonable grounds'' for suspecting the organization is acting on behalf of al-Faqih, who was listed...

Chancellor Gordon Brown has ordered the Bank of England to freeze any UK assets of an alleged al Qaida supporter believed to be living in London in exile from Saudi Arabia. Mr Brown made the move against Sa'ad Al-Faqih and his Movement for Islamic Reform in Arabia after he was named by the United Nations as an associate of al Qaida. The Treasury said in a statement: "The Chancellor today instructed the Bank of England, acting as HM Treasury's agent, to direct all UK financial institutions to freeze any funds held for or on behalf of the entity, the Movement...

WASHINGTON (Reuters) - The United States has frozen the assets of two Saudi nationals for allegedly providing support to al Qaeda, and asked the United Nations to take similar action. The U.S. Treasury said on Tuesday it had listed the two men -- London-based dissident Saad al-Fagih and Adel Batterjee, another Saudi national -- as "specially designated global terrorists" for providing financial and material support to al Qaeda and its leader, Osama bin Laden. "The U.S. is submitting both names to the United Nations (Security Council) 1267 Committee, which will consider adding them to the consolidated list of terrorists tied...

WASHINGTON (AP) - The Bush administration moved Tuesday to block the assets of two Saudi men accused of providing support to Osama bin Laden's al-Qaida terror network, Adel Batterjee and Saad al-Faqih. Batterjee was instrumental in founding the Benevolence International Foundation, an Islamic charity that the United States has previously deemed a a global terrorist group. Al-Faqih has maintained associations with the al-Qaida network since the mid-1990s, the Treasury Department alleged. The agency submitted the two names to the United Nations for possible inclusion in its list of terrorist financiers. If the names are included, member countries would also have...

Bank accounts freezed for Al Qaida links: [World News]: Dhaka, Oct 22 : Bangladesh has frozen four bank accounts of two international organisations for suspected links with Al Qaoda or Taliban, the New Age reported Friday. The accounts of Al-Haramain Islamic Foundation and Benevolence International were frozen as the UN has listed them for suspected links with Al Qaida or Taliban, the newspaper reported. Both organisations are registered with the NGO Affairs Bureau but are currently inactive in Bangladesh, bank sources said. The Bangladesh Bank has already cautioned banks and financial institutions about accounts with suspected links with Al Qaida...

LONDON — The Bank of England (search) is ordering a freeze on any assets belonging to a terrorist group that claimed responsibility for kidnapping and beheading two Americans and a Briton in Iraq, Treasury chief Gordon Brown said Thursday. Brown told lawmakers in the House of Commons that he instructed the bank to direct all financial institutions in Britain to freeze any assets of the Tawhid and Jihad (search) group led by Jordanian Abu Musab al-Zarqawi (search). Excerpt: see the following link http://www.foxnews.com/story/0,2933,135449,00.html

WASHINGTON (Reuters) - The United States on Friday ordered a freeze on assets of the militant group led by Jordanian Abu Musab al-Zarqawi, which has claimed responsibility for a series of bombings, kidnappings and beheadings in Iraq (news - web sites). The Treasury Department (news - web sites)'s Office of Foreign Assets Control added Zarqawi's Tawhid and Jihad group to its list of suspected terrorists and terrorism financiers. The move, which came a day after Britain ordered banks to seek out and freeze any assets of the group, blocks any accounts, funds and assets of Tawhid and Jihad in the...

US banks were ordered to freeze the assets of three Bosnia and Herzegovina (BiH) charities, suspected of financing the al- Qaeda terrorist network Thursday (6 May). The US Treasury Department also asked the UN to add the charities to its list of suspected terrorist financiers. The three charities are Al Furqan, Al Haramain & Al Masjed Al-Aqsa Charity Foundation and the BiH branch of Taibah International, the treasury department said in a statement. "Unfortunately, we have seen the vulnerabilities of charities in countries like Bosnia and Herzegovina, where there is not only a need for charitable giving but also a...

WASHINGTON (AP) - A Muslim charity is seeking permission to have some of its money, which was frozen by the government, released for legitimate aid purposes. The Holy Land Foundation for Relief and Development filed a request Friday to the Treasury Department's Office of Foreign Assets Control to unfreeze $50,000 to be sent to the Palestine Children's Relief Fund, which seeks to provide free medical care for Palestinian children in the Middle East. The Bush administration in 2001 accused Holy Land, a Texas-based group, of financing the militant Islamic group Hamas and ordered U.S. banks to freeze its assets. Holy...

Gordon Brown ordered British banks yesterday to freeze assets held in the name of the new Hamas leader in Gaza, Abdel Aziz Rantisi. Using anti-terrorism powers introduced after the September 11 attacks in America, the Chancellor acted to prevent Rantisi - who has succeeded the assassinated Sheikh Ahmed Yassin - and four other Hamas leaders from gaining access to money held in British accounts.   He also instructed the Bank of England to freeze the assets of two Kurdish terrorist groups. Treasury officials refused to give details of the various accounts involved or what sums were involved. Mr Brown told...

LONDON, March 24 (Reuters) - Britain said on Wednesday it had frozen the assets of five senior members of Palestinian militant group Hamas including its exiled leader Khaled Meshaal. "This action has been taken because the Treasury have reasonable grounds for suspecting that four of the individuals are, or may be, persons who facilitate or participate in the commission of acts of terrorism," the Treasury said in a statement. It named the four as Meshaal, Imad Khalil, Musa Abu Marzouk and Usama Hamdan. It said the assets of the group's new spiritual chief Abdel-Aziz al-Rantissi -- the hardline replacement for...

UN adds Bosnian charity director to al Qaeda list UNITED NATIONS, Dec 29 (Reuters) - The United Nations on Monday added the director of a Bosnian charity to its list of individuals whose assets should be frozen due to suspected ties to Osama bin Laden or his al Qaeda network. Safet Durguti, 36, was added to the U.N. list at the request of the United States and Saudi Arabia. While he was born in Orahovac, Kosovo, his nationality is unknown, the United Nations said. The goal of the U.N. list, which is maintained by a U.N. Security Council committee and...

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...

WASHINGTON - The Bush administration has ordered U.S. banks to freeze the assets of 15 foreigners suspected of having ties to al-Qaida terrorists cells in Italy. The Treasury Department's action, announced Wednesday, follows Italy's request that the 15 people be added to the United Nation's list of suspected terrorists whose assets should be frozen, the department said. The U.N's list is honored by member nations. Treasury issued an order Monday to block any financial assets in this country belonging to the 15 people. The order also prohibits the 15 from conducting any financial transactions in the United States and with...

<p>A court has frozen the Trinidad assets of a U.S.-based tire company that closed its plant in this Caribbean country and dismissed more than 400 workers, officials said Wednesday.</p> <p>Carlisle Tire and Rubber Ltd. closed the southern Trinidad tire plant two weeks ago after workers began protesting what they claimed were unsafe working conditions, including exposure to harmful chemicals.</p>

PARIS (Reuters) - Al Qaeda and its associates are increasingly turning to counterfeiting and credit card fraud for funds as the war on terrorism squeezes their traditional sources of finance, officials and experts say. The very success of the global crackdown has made tracking extremists even more difficult, as al Qaeda operatives shun a global financial system more tightly regulated after the September 11, 2001, attacks on U.S. landmarks, they warn. The U.S. Treasury says nearly $200 million has been frozen in the global war on terrorism, but the bilking of Islamic charities and widespread use of informal networks to...

Canadian financial institutions to check accounts and report to RCMP and CSIS in a month: Five charities Amid debate over the future of President Yasser Arafat, Canada stepped up pressure on Palestinian terrorists yesterday, ordering banks to freeze accounts linked to five charities accused of raising money for Hamas. Federal regulators advised banks to check for money tied to the Palestinian Relief and Development Fund (Interpal), Al-Aqsa Foundation and three other charities that were added to Canada's list of terrorist financiers. Six senior Hamas leaders, including Sheik Ahmed Yassin, the organization's founder, and its spokesman Abdel Aziz Rantisi, both survivors...