US government calls Saudis 'significant source' of terror funds

[maddezmom]

Thu Jul 14, 2:39 AM ET



WASHINGTON, United States (AFP) - The US government has suggested wealthy Saudi individuals remain "a significant source" of funds for Islamic terrorists around the world, despite widely-publicized efforts by the desert kingdom to shut down these channels.

The statement by Treasury Undersecretary Stuart Levey before the US Senate Committee on Banking, Housing, and Urban Affairs, contrasted with earlier upbeat assessments by US officials that Saudi Arabia was making good progress in stemming the flow of private money to terrorist groups.

Levey said challenges posed by terrorist financing from within Saudi Arabia were "among the most daunting" his agency had to face as it tries to persuade Islamic nations to strengthen controls over their banks and charitable organizations.

"Wealthy Saudi financiers and charities have funded terrorist organizations and causes that support terrorism and the ideology that fuels the terrorists' agenda", Levey told lawmakers Wednesday.

more:http://news.yahoo.com/news?tmpl=story&u=/afp/20050714/wl_mideast_afp/usattackssaudi_050714063535

[varun]

1. wow...what happened..did the Royal Family diss the Boy King?

why this U - turn?

[Disturbed]

2. When Shrub, the Saudi Prince Kisser, says this I will pay attention.

The Bush Crime Family is in deep with the brutal Saudi Royals. I want to hear this from Shrub.

[pinniped]

3. Cue the "Saudis are our friends commercials"...

that appeared after 9.11.

[ClintonTyree]

4. Impossible..........

our First Family wouldn't have people like that as "family members", would they? There's no closer relationship is the world as that between the bush's and the Saudis, how can this be? :shrug: Why, the bush family has even adopted one of them, "Bandar Bush" (who conveniently left the country recently).
OF COURSE the Saudis are a major element in financing terrorists, ANY IDIOT knows that! Except ONE idiot, I guess. Not to name names, but he's Laura Bush's husband. And that's on "double super secret background", OK? ;)

[mom cat]

5. Didn't the Saudis just promice more oil to China? I mean , really,

why pick this timing to state what has been obvious for years?

[Zenlitened]

6. Well, historically, the Saudis HAVE had a difficult time...

... rounding up and jailing people they don't like.

:sarcasm:

[tanyev]

7. Sounds like Stuart Levey will soon realize

he needs to spend more time with his family.