Word: bins
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Dates: during 2000-2009
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...money transfers to Atta may prove critical in tying the World Trade Center attacks to bin Laden. They may also help answer two questions currently at the center of the investigation: How did the terrorists finance the attacks? And how does bin Laden's terrorist network fund itself worldwide...
...Administration announced a plan for military action, President Bush was in the Rose Garden last week unveiling a list of 27 entities--13 terrorist groups, 11 individuals and three charities--whose assets the U.S. will work to freeze at home and abroad. Some of the organizations were linked to bin Laden, but others were said to be independent of him and active in the Philippines, Kashmir and elsewhere...
...industrial nations for pushing their financial institutions to go after the assets on the Administration's list. "They've all said, 'We'll do everything we can to help the U.S.,'" he says. "Serious money is being blocked now." Germany has frozen 13 accounts linked to the Taliban or bin Laden, although Darkazanli is the only one who appears on the Administration's list of 27. Britain has frozen $68 million in accounts of individuals and entities on the Administration's list...
...despite this early progress, terrorism experts warn, it will be difficult to follow the flow of bin Laden's money and harder still to turn off the spigot. His money is believed to be scattered among as many as 55 countries. It appears to move surreptitiously, often through backdoor channels. And much of it is cloaked in the respectability of legitimate-looking businesses and charities. Al-Qaeda appears to move much of its money through bin Laden's extensive portfolio of agriculture, construction and investment businesses. Investigators call it "reverse money laundering," because the funds start out clean...
...Bin Laden may even have his own legitimate bank that he uses to bankroll terror. At a Senate Banking Committee hearing last week, Senator Carl Levin, a Michigan Democrat, presented evidence that bin Laden used a Sudanese bank called al Shamal Islamic Bank, of which he may be the largest shareholder, to distribute funds used in the 1998 terrorist bombings of the U.S. embassies in Kenya and Tanzania. (The Sudanese bank denies it has any connection with bin Laden...