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(FrontPageMagazine) Rachel Ehrenfeld- According to Palestinian documents seized by the IDF, the Saudi Committee for the Support of the Intifada al-Quds, run by Interior Minister Prince Naif bin Abd al-Aziz, "reported the transfer of $55.7 million mostly to the families of suicide bombers and to the families of imprisoned or injured Palestinian militants." The Saudis transferred some of these funds in riyals to the Arab Bank's branch on Madison Avenue in New York, which in turn "laundered the money" and forwarded the sum in dollars to the Arab Bank branch in Ramallah. The Arab Bank, the biggest bank in Jordan, was identified by Spanish authorities as having transferred money from the al-Qaeda cell in Spain to members involved in the September 11 attacks, of having wired money to al-Qaeda members in Yemen and Pakistan, and has since been conducting its Palestinian terror financing in public - Hamas openly solicits donations, posting account numbers in the Arab Bank on its Internet site. The writer is director of the American Center for Democracy.2004-08-13 00:00:00Full Article
Dollars for Terror
(FrontPageMagazine) Rachel Ehrenfeld- According to Palestinian documents seized by the IDF, the Saudi Committee for the Support of the Intifada al-Quds, run by Interior Minister Prince Naif bin Abd al-Aziz, "reported the transfer of $55.7 million mostly to the families of suicide bombers and to the families of imprisoned or injured Palestinian militants." The Saudis transferred some of these funds in riyals to the Arab Bank's branch on Madison Avenue in New York, which in turn "laundered the money" and forwarded the sum in dollars to the Arab Bank branch in Ramallah. The Arab Bank, the biggest bank in Jordan, was identified by Spanish authorities as having transferred money from the al-Qaeda cell in Spain to members involved in the September 11 attacks, of having wired money to al-Qaeda members in Yemen and Pakistan, and has since been conducting its Palestinian terror financing in public - Hamas openly solicits donations, posting account numbers in the Arab Bank on its Internet site. The writer is director of the American Center for Democracy.2004-08-13 00:00:00Full Article
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