Follow the Money

Crumley, Bruce; Bachmann, Helena; Israely, Jeff
November 2001
Time International (South Pacific Edition);11/19/2001, Issue 46, p47
Focuses on efforts by United States and European police to uncover the financial web that funds Osama bin Laden's al-Qaeda network. Moves which froze assets of individuals and businesses with suspected links to al-Qaeda; Role of the financial institution Nada Management in funding Muslim clients and Islamic businesses; How the hawala exchange system is based on trust and leaves no paper trail; Possible exploitation of the hawala by Islamic extremists.


Related Articles

  • The root of all evil. Pound, Edward T. // U.S. News & World Report;12/3/2001, Vol. 131 Issue 23, p29 

    Reports on international efforts to freeze the money supply of al Qaeda, the terrorist network headed by Osama bin Laden. Estimated amount of bin Laden's personal fortune; Mention of evidence gathered during raids on the global financial operation known as Al Barakaat; Money-raising schemes...

  • How bin Laden Funds His Network. Cohen, Adam; Weisskopf, Michael; Zagorin, Adam; Crumley, Bruce // Time International (South Pacific Edition);10/1/2001, Issue 39, p63 

    Examines how Osama bin Laden's global terrorist network, al-Qaeda, is financed. How the cells fund their activities; Background on bin Laden's fortune; Sources of money, including charities and 'hawala,' a banking network in Asia and the Middle East; Efforts by the United States to target bin...

  • THE LABYRINTHIAN MONEY TRAIL OF OSAMA BIN LADEN.  // Middle East;Jan2002, Issue 319, p22 

    Reports on the issue concerning financial assets of Osama Bin Laden, Afghan terrorist leader. Concerns over freezing terrorist assets; Details on banking systems of Islamic regions; Emphasis on campaign against terrorism.

  • Tough trail of terror's money. Ford, Peter // Christian Science Monitor;10/19/2001, Vol. 93 Issue 228, p1 

    Looks at the efforts of officials to shut down the money supply of Osama bin Laden. Front organizations, shell companies, and underground banking networks which help to shield his money from view; Question of whether the shield can be torn down without stifling economic freedoms; Agreement of...

  • RUBIN AND THE WASHINGTON POST.  // International Economy;Winter2002, Vol. 16 Issue 1, p4 

    Reports the prohibition of investigations on the financial accounts of terrorist Osama Bin Laden by former U.S. Treasury Secretary Robert Rubin. Suggestions of Rubin on the assessment of Enron Corp. finances; Discussion on Enron bankruptcy; Criticisms of the Democrats on Rubin administration.

  • Why it's so hard for US to pick terrorists' pockets. Baldauf, Scott // Christian Science Monitor;8/27/98, Vol. 90 Issue 192, p1 

    Examines the efforts of the United States to attack the financial foundation of suspected terrorist Osama bin Laden. The difficulty that the US faces in tracing bin Laden's fortunes in a world of computer banking and secrecy; The number of countries in 1998 who offer offshore banking services;...

  • That was the year….  // Commercial Motor;12/8/2005, Vol. 202 Issue 5156, p16 

    This article compiles news published in Commercial Motor between the period of 1952 and 2002. A smog in London, England, killed at least 4,000 people. The United Nations security council froze the assets of Osama Bin Laden. The British High Court ruled that the £2,000-a-head stowaway fines...

  • Evolving cooperation and coordination in financial market surveillance. Tietmeyer, Hans // Finance & Development;Sep99, Vol. 36 Issue 3, p20 

    Looks at the initiatives to strengthen financial sector surveillance. Contributions of international financial institutions in strengthening the global financial system; International groupings of financial regulators and supervisors; Areas to improve in the international financial markets;...

  • New Links in the bin Laden Money Chain. Hosenball, Mark // Newsweek;11/12/2001, Vol. 138 Issue 20, p8 

    Reports on discoveries relating to the finances of terrorist groups. Investigation into a network of Islamic financial companies called Al Taqwa based in Switzerland and the Bahamas; Charity donations from Ahmed Idris Nasredin to an Islamic center in Milan, which may be terrorist group Al...


Read the Article

Other Topics