A road map to dry financial sources of Al-Qaeda in the Maghreb

UN and US experts partake in workshop on terror financing in Algiers

A road map to dry financial sources of Al-Qaeda in the Maghreb

El Khabar, 21 July 2008

Experts from the US Bureau of Terror Proprieties Control participate today and tomorrow in a workshop in Algiers on financial support mechanism of Al-Qaeda worldwide networks. The workshop is to display methods of drying terror financing sources. Algerian Press Agency, APS quoted a communiqué issued by the Presidency saying “an information workshop” is to be held today and tomorrow, on sanctions against Al Qaeda and Afghan Taliban movement, in accordance to the 1267 regulation issued by the UN Security Council in 1999. The same source said the workshop has been initiated by “competent national authorities,” without précising the party, with a contribution of the UN which is to be represented by analytical support and supervisory team against Al Qaeda and the Taliban. A source within the workshop told El Khabar that the UN mission is made up of officials from “the commission of 1267,” referring to the UN regulation targeting fighting terrorism fighting sources, established in 1999. The commission has elaborated a secret list of more than 400 people and 125 organizations charged of attributing financial support to terrorism worldwide. The same source said the US experts and the UN mission are to present a line of recommendations in terms of fighting financial sources of Al-Qaeda in the Islamic Maghreb by freezing assets of its leaders in Europe and the US.

21-07-2008 By H.Y/ Translation A.Ait El Hara