New York City's jihad bank
Posted by Robert on April 3, 2006 7:46 AM
Three billion dollars to the jihad -- from one of the "largest and most prominent banks in New York." "NYC's Terror Bank," from the [1] New York Post:
WASHINGTON - Manhattan District Attorney Robert Morgenthau has shut down a massive terror-finance pipeline in which a whopping $3 billion in profits from drug deals and other crimes flowed through a major New York bank to Middle East fanatics, The Post has learned.Morgenthau told The Post his office is pursuing a settlement involving possible penalties against one of the largest and most prominent banks in New York - which he declined to identify - for maintaining an account where funds that originated in South America's notorious "tri-border region" were rerouted to suspect accounts in the Middle East.
Evidence developed in the course of a three-year probe, which has already resulted in charges against other New York-based financial institutions, revealed that about $3 billion that flowed through the account over a two-year period was going to terror groups Hamas, al Qaeda and Hezbollah, Morgenthau said.
"I can't go out and arrest Osama bin Laden. But I can try to cut off his money," Morgenthau said of his massive probe.
Article printed from Jihad Watch: http://www.jihadwatch.org/2006/04/new-york-citys-jihad-bank.html
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