RealNews

U.N. Seeks Tighter Sanctions as Qaeda Skirts Money Controls

Al Qaeda no longer needs large sums of money to mount terror attacks and is consequently able to finance its actions in less detectable ways, the chairman of a United Nations sanctions-monitoring committee said Monday. “We either strengthen the sanctions regime that the Security Council has implemented or we risk those sanctions falling into irrelevancy,” said Ambassador Heraldo Muñoz of Chile, the chairman of a panel examining the effectiveness of arms and travel embargoes against people and organizations tied to the terror group. “We have passed the easy stage,” Mr. Muñoz said in reporting the diminishing effects of United Nations sanctions. “The easy stage was the first few years, when freezing bank accounts of individuals and organizations linked to Al Qaeda was a relatively easy task. Now they have become more flexible, they are staying ahead of the sanctions, and we need obviously to be better at combating them because they have become better at defending themselves.” Full Story

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