US says Saudi individuals still funding terrorism
Saudi Arabia must do a better job at ferreting out major individual donors who continue to fund terrorism abroad, including in Iraq, a top U.S. Treasury official said on Tuesday. Stuart Levey, the Treasury’s undersecretary for terrorism and financial intelligence, said Saudi Arabia had made significant strides in counterterrorism efforts in recent years and that the kingdom was “doing an excellent job” fighting operatives of Osama bin Laden’s al Qaeda network at home. But he told a hearing of the Senate Banking Committee that concerns remained, including the existence of so-called “deep-pocket donors” and the abuse of charities to fund militants. Full Story