Friday 9 September 2011

Kuwait, Qatar Criticized As Terror Finance Hubs - Corruption Currents - WSJ

Key to stemming the flow of funds to terrorists is working with international partners, but what if your partners don’t do anything about it?

That seems to be the message U.S. officials sent to Kuwait and Qatar during a symposium at the Treasury Department on Thursday about counter-terrorist financing. Each country was tagged as not doing enough — or anything — about stopping the flow of terrorism dollars.

Kuwait and Qatar “unfortunately have become permissive environments for extremist fundraising,” said David Cohen, Treasury undersecretary for terrorism and financial intelligence.

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