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UN Seeks Tighter Sanctions as Qaeda Skirts Money Controls

(New York Times) Warren Hoge- Al-Qaeda no longer needs large sums of money to mount terror attacks and is consequently able to finance its actions in less detectable ways, said Ambassador Heraldo Munoz of Chile, the chairman of a UN panel examining the effectiveness of arms and travel embargoes against people and organizations tied to the terror group, on Monday. The committee's report said that al-Qaeda had spent less than $50,000 on each of its attacks since 9/11, and no longer had to pay $10-20 million a year to its Taliban hosts in Afghanistan. The report said the attacks in March on commuter trains in Madrid cost only $10,000, while suicide truck bombings in Istanbul in November cost less than $40,000. According to the 9/11 commission, the Sept. 11 plot cost $400,000 to $500,000.
2004-09-03 00:00:00
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