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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?


To: Geoff Altman who wrote (47665)4/17/2006 3:50:58 PM
From: Lazarus_Long  Respond to of 90947
 
The UAE are populated by and owned and operated by MUSLIMS. Now maybe their gov'ts want to appear reasonable. But we all know they have the usual share of Islamofascists. Thet DID refuse to give out FBI information on the 911 money trail.

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DIRTY DUBAI DEALERS HELP FINANCE TERRORISTS

By NILES LATHEM Post Correspondent

February 21, 2006 -- WASHINGTON — Tens of billions of dollars are laundered every year through banks in the United Arab Emirates, financing evildoers like al Qaeda, Afghan drug lords and even Iran's outlaw nuclear program, according to U.S. intelligence reports......

The country's notoriously lax banking laws, poor control over its legendary gold brokers and low taxes have made money-laundering a $30 billion-a-year business in the UAE.

U.S. intelligence officials said some financing for terrorists in Iraq moves through banks and informal transfer centers known as hawalas in the UAE.

The port in Dubai — managed by Dubai Ports World — has been used as a transshipment center for the movement of arms and guerrillas into Iraq, King said. He added there is no evidence of complicity in this scheme by Dubai Ports World.

niles.lathem@nypost.com

nypost.com
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offshorebusiness.com

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