Terrorists using Canada to launder funds
Posted by Robert on November 5, 2004 7:10 AM
Canada still a [1] terrorist haven. From [2] CP, with thanks to Jeffrey Imm:
OTTAWA (CP) - International terrorists and crime syndicates seem to be using Canada to launder dirty money at a sharply rising rate, concludes a federal report released Thursday. Almost 200 cases involving $700 million in suspect financial transactions were investigated over the past fiscal year, says the federal agency that tracks financing by suspected criminals.That's significantly more than the $460 million tracked the previous year of 2002-2003, the Financial Transactions and Reports Analysis Centre (Fintrac) says in its annual report.
Of the $700 million tracked over the past year, about 10 per cent is thought to be linked to terrorist activity financing "and threats to the security of Canada," says the agency.
Article printed from Jihad Watch: http://www.jihadwatch.org/2004/11/terrorists-using-canada-to-launder-funds.html
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