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Bush freezes assets of institutions funding Hamas
President George W Bush Tuesday announced the freezing of the US assets of a Texas-based Islamic foundation and two other groups believed to be leading fund-raisers for radical Palestinian outfit Hamas.
President George W Bush Tuesday announced the freezing of the US assets of a Texas-based Islamic foundation and two other groups believed to be leading fund-raisers for radical Palestinian outfit Hamas.
Called the Holyland foundation, at Richardson the Texas-based group raised 13 million dollar last year, Bush said at the White House, charging that the group used charitable acts as a front to finance terrorist activity.
The message is this, the President said, “Those who do business with terror will do no business with the United States, or anywhere else the United States can reach”.
Police and government agents, including the FBI, were at the foundation's office in Richardson. In a document posted on the front door of the office, the foundation denied it supports any terrorist activity and called the government's action a smear campaign. An FBI spokeswoman at the scene said the agency would be providing assistance to the treasury department's office of foreign assets control in executing what she described as a blocking order.
In a mission statement on its web site, the foundation said it works for finding solutions for human suffering through humanitarian programmes that impact the lives of the disadvantaged, disinherited and displaced peoples suffering from man-made and natural disasters. The statement said the foundation's area of focus is Palestinian refugees in Jordan, Lebanon and Palestine. Two other groups targeted, which are not believed to have any assets in the United States, are the Aqsa Bank in the West Bank and Beit El-Mal Holdings Co in Jordan.
Bureau Report
The message is this, the President said, “Those who do business with terror will do no business with the United States, or anywhere else the United States can reach”.
Police and government agents, including the FBI, were at the foundation's office in Richardson. In a document posted on the front door of the office, the foundation denied it supports any terrorist activity and called the government's action a smear campaign. An FBI spokeswoman at the scene said the agency would be providing assistance to the treasury department's office of foreign assets control in executing what she described as a blocking order.
In a mission statement on its web site, the foundation said it works for finding solutions for human suffering through humanitarian programmes that impact the lives of the disadvantaged, disinherited and displaced peoples suffering from man-made and natural disasters. The statement said the foundation's area of focus is Palestinian refugees in Jordan, Lebanon and Palestine. Two other groups targeted, which are not believed to have any assets in the United States, are the Aqsa Bank in the West Bank and Beit El-Mal Holdings Co in Jordan.
Bureau Report