For an indication of how difficult it can be to identify terrorism funding, even for federal investigators, read the previously-classified 28 pages of a congressional report on the Sept. 11 attacks. The excerpts, which were published this month after being withheld from the December 2002 report by the U.S. House Intelligence Committee, describe FBI suspicions in the year following the attacks that Saudi officials may have had a hand in financing the 19 hijackers who crashed planes into the World Trade Center, the Pentagon and a field in rural Pennsylvania. The chapter outlines a host of circumstantial and indirect ties...
Officials from U.S. government agencies and executives of the world's largest financial institutions comprehend their critical role in preventing terrorist groups from raising funds and are working together to achieve that objective, but more needs to be done, according to a U.S. lawmaker.
FinCEN imposed a $2.8 million monetary penalty against a Californian-based card club, House lawmakers approved legislation that would block a planned deal between Boeing and Iran Air, and more, in this week's roundup.
Members of the House Judiciary Committee on Thursday considered legislation that would limit the extent to which U.S. law can shield foreign governments from civil complaints filed by American victims of terrorism.