Al-Qaeda Finances: Have Money, Will Travel………

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This puts people like Abd al-Hamid al-Mujil in an uncomfortable position. Described by fellow jihadists as the “million-dollar man” for his successful fundraising on behalf of al Qaeda and other jihadi groups, Mujil directed the office of the International Islamic Relief Organization (IIRO), a charity in the Eastern Province of Saudi Arabia. Both he and the IIRO office he headed were designated as terrorist entities by the U.S. Treasury Department in 2006. But even if being “named and shamed” forced Mujil out of the terror-finance business, there are many others just like him. Just this week, David Cohen, the head of the Treasury Department’s Terrorism and Financial Intelligence branch told CNN that major donors from the Gulf states remain the key sources of funding for the al Qaeda core. There are no doubt dozens of radical funders now worrying that their names, bank accounts, or addresses will comes up in bin Laden’s spreadsheets — or “pocket litter” — and for good reason.……..

I have always argued that all these terrorist operations from Iraq to Pakistan must cost a lot of money. More money than the locals could provide. I have always written here that following the money trail from Iraq or Pakistan or Yemen will lead so a huge field of petroleum, an oil well. This is part of someone’s ‘foreign policy’, at least the Iraq part is. Bring pressure on Iraq by sending suicide terrorists across the border and finance them (the money is peanuts for the deep pocketed princes). Bring pressure on Pakistan and others the same way. Meanwhile, the money and the Salafi fatwas will keep the bombers away from the home front. As for the Western allies, and the other Arabs who fall victim? Oh, well, there is such a thing as collateral damage.