In what can only be described as a stunning development, the Kingdom of Saudi Arabia has joined the US Treasury Department in placing sanctions on an Islamic charity that has provided material support to the Jihadist terrorist organization, Lashkar e Taiba.
Readers may recall that Lashkar e Taiba was responsible for the 2008 Mumbai terrorist attack that killed scores of innocent civilians.
The new sanctions target the Al-Furqan Foundation Welfare Trust, a charity based in Peshawar, Pakistan.
The Treasury department said Al-Furqan is the successor to the Pakistan branches of the Afghan Support Committee and Revival of Islamic Heritage Society, both of which were designated as global terrorist entities and listed on the United Nations’s Al-Qaeda sanctions list back in 2002 in the wake of the September 11 terrorist attacks.
The Treasury department stated that the organization had changed its name to avoid sanctions and “continue its terrorist financing activities.”
Treasury also indicated that a portion of the financing for Al-Furqan came from individuals in the Gulf, a common euphemism to describe Saudi, Qatari, Emirati, and Kuwaiti citizens who have sent large amounts of money in support of Jihad for decades.
Saudi Arabia designated Al-Furqan under its Law of Terrorism Crimes and Financing and the Royal Decree A/44, the Treasury department indicated.
The sanctions freeze any assets of Al-Furqan under the jurisdiction of both countries and generally bars Americans and Saudis from doing business with it.
http://news.yahoo.com/us-saudi-slap-sanctions-terrorist-financing-fund-152018567.html
