Wednesday, October 14, 2009

DTN News: Funding al-Qaeda

DTN News: Funding al-Qaeda
*Source: DTN News / Int'l Media (NSI News Source Info) LONDON, UK - October 14, 2009: A senior US government official says al-Qaeda is in severe financial trouble. David Cohen, who monitors terrorist funding at the US Treasury Department, said al-Qaeda's influence was waning because of a lack of funds. The US government says al-Qaeda is struggling financially. He said the US and its allies had successfully cut off the group's sources of funding by targeting its donors and interfering with its ability to move money. But the claim has been refuted by the head of a leading US think tank. Dr Rachel Ehrenfeld, director of the American Center for Democracy said ''it's unlikely that their funding is being reduced''. She said she did not see any reduction in al-Qaeda's activities in illegal drug trading which she said generated most of the network's funding. She also said the US government had not done enough to 'choke off' the network's funding sources.
Related BBC links....for full stories click on the links below ~ Investigating al-Qaeda ~ More from BBC World Service News Programmes Related external links....for full stories click on the links below ~ US Treasury Department ~ The American Center for Democracy

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