What is the financial front?
The Department of Treasury announced Operation
Green Quest, an Anti-Terrorist Financing Task Force.
One of the goals is to identify, disrupt, and dismantle
the financial operations of charities and non-governmental
organizations (NGOs) associated with Usama Bin Laden
(UBL) and al Qaida. Additional
hosted a special meeting of the G7 Finance Ministers
on October 6, 2001. The seven nations pledged cooperation
and announced a joint action plan.
US Government has communicated with every country about
participation in a global coalition to disrupt terrorist
financing. Top Treasury officials have spoken directly
with 29 Finance Ministers to discuss specific actions.
All have been cooperative.
of Treasury Paul O'Neil testifies about terrorism
U.S. Government will provide technical assistance to
cooperating governments in the full range of efforts
to combat terrorists' financial activities.
financial institutions have responded to Treasury requests
and volunteered information to identify patterns of
than 150 countries have expressed their
support in the fight against terrorist financing.
than 80 countries have blocking orders
in place to freeze terrorist assets.
September 11, the United States has frozen nearly
$4 million in assets belonging to the Taliban,
Usama bin Laden and the al Qaeda network, and
several million in additional assets are under
The Terrorist Finance List includes
Crimes Enforcement Network has set up an 800 number
for financial institutions professionals when they encounter
Deny, Impair, Expose
To deny terrorist groups access to the international financial
system, to impair the ability of terrorists to fundraise,
and to expose, isolate and incapacitate the financial networks