RealNews

US praises Swiss crackdown on terror financing

One day after Washington warned of a new al-Qaeda attack in the United States, a top Treasury official has praised Swiss efforts to combat financial terrorism. Juan Carlos Zarate told swissinfo he welcomed the government’s efforts to clamp down on the flow of terrorist funds through Switzerland. Zarate was speaking following talks in Bern with the Swiss federal prosecutor, Valentin Roschacher, and officials from the finance ministry and Federal Banking Commission. His meeting with Roschacher came as the US Attorney-General, John Ashcroft, announced that he had “credible intelligence” that al-Qaeda was planning an attack on US soil “in the next few months”. Full Story

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