For Immediate Release
September 10, 2004
Nations Cooperate to Stop Terrorist Funding
Fact of the Day
The targeting of terrorist financing continues to play an important role in the war on terror. Freezing assets, terminating cash flows, and following money trails to previously unknown terrorist cells are some of the many weapons used against terrorist networks. The United States has designated 387 individuals and entities as terrorists or terrorist financiers. The global community has frozen more than $142 million in terrorist-related assets. These steps make it harder for terrorists to build networks, recruit and train new members, and carry out attacks.
SOURCE: U.S. Department of the Treasury