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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (11735)	11/27/2001 3:00:24 PM
From: maceng2	Respond to of 281500

£43 million frozen in outlawed terrorist bank accounts Bank accounts suspected of being used by outlawed terrorist organisations have now been frozen in 130 countries. US Treasury Deputy Secretary Kenneth Dam said £43.1 million had been blocked worldwide since the September 11 attacks. He said that £7.6 million of it, in six bank accounts, had been frozen in the UK. Some £63.9 million of assets belonging to the Taliban and Osama bin Laden had already been frozen in the UK before September 11. Mr Dam said: "One hundred and ninety five countries have expressed their support for the effort on terrorist finance and 130 countries have blocked accounts, that's quite a large number of countries. "We have indications that this has had a positive contributing effect on the war against al Qaida." Mr Dam said he did not believe the millions frozen in London were a sign that it was a financial centre for terrorists - instead it showed the energy with which UK officials were acting. He added that al Qaida were thought to have been very active in south east Asia and the Middle East. Mr Dam said he did not know how much the organisation was worth but said that it must be a very substantial amount. In the UK the September 11 attacks are thought to have triggered a large rise in the number of suspicious transaction reports (STRs) made by financial institutions to the National Criminal Intelligence Service. ananova.com