31 Oct 2002

Money Continues To Flow Into [Asia's] Terrorist Funds
Institute For Topical Studies, Chennai, India
Supplied note: "The latest paper of the Institute For Topical Studies, A-2/3, Bharathi Dasan Colony, K.K.Nagar, Chennai---600078, India, (Tele.Fax.No. 44-4895235) on the above subject is now available at the Web site of the South Asia Analysis Group (SAAG), New Delhi, at [the URL below] - br."
["It has reportedly been estimated by the experts of the Monitoring Committee of the UN Security Council, which monitors the implementation of the UNSC Resolution No. 1373, that despite the freezing/seizure of terrorist funds and other assets worth US $ 112 million since 9/11, Al Qaeda and its allies in the International Islamic Front still have at their disposal about US $ 300 million. Replenishments continue to flow into their funds. .... According to an estimate prepared by the USA's Federal Bureau of Investigation (FBI) cited during a Congressional testimony on August 1,2002, the terrorist strikes of 9/11 in the USA would have cost Al Qaeda anywhere between $303,672 and $500,000. As against this, Al Qaeda is alleged to have spent about US $ one million for ensuring the victory of the pro-Al Qaeda and pro-Taliban candidates in the recent Pakistan elections." The author of the paper, Mr B. Raman, is Additional Secretary (retd), Cabinet Secretariat, Govt. of India - ed.]
URL http://www.saag.org/papers6/paper540.html
Internet Archive (www.archive.org) [the site was not archived at the time of this abstract.]
Link reported by: B. Raman (corde@vsnl.com)
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