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US moves to freeze assets of suspected al-Qaeda financiers

The United States has moved to freeze the assets of two freshly minted European offshoots of Islamic groups suspected of raising money for the al-Qaeda terror network — and asked for international sanctions against one of their managers. Monday’s joint action with the government of Saudi Arabia targets the Travnik, Bosnia-based organization Vazir and trading firm Hochburg AG from Vaduz, Liechtenstein, because they have been fronting for entities already sanctioned by the international community, the Treasury Department announced here. Washington and Riyadh are asking the United Nations to put the two groups — as well as Vazir manager Safet Durguti — on its list of terror financiers, which would compel UN members to freeze their assets all around the world and halt financial transactions with them. “These designations signal that we continue to track terrorist targets and designated persons who attempt to evade the international sanctions regime,” Deputy Assistant Treasury Secretary Juan Zarate said in a brief statement. Full Story

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