RealNews

Washington says wealthy Saudis a ‘significant source’ of terror funds

The U.S. government said wealthy Saudi individuals remain “a significant source” of funds for Islamic terrorists around the world, despite widely publicized efforts by the desert kingdom to shut down these channels. The statement by Treasury Undersecretary Stuart Levey before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, contrasted with earlier upbeat assessments by U.S. officials that Saudi Arabia was making good progress in stemming the flow of private money to terrorist groups. Full Story

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