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US Effort to Crackdown on Terrorism Funding is Choking Humanitarian Lifeline: NGOs


#1

US Effort to Crackdown on Terrorism Funding is Choking Humanitarian Lifeline: NGOs

Andrea Germanos, staff writer

In the name of cracking down on terrorism funding, the U.S. imposed new regulations affecting banks that handle money transfers to Somalia.

But that effort has dealt a devastating blow to ordinary people in the Horn of Africa country, a trio of nonprofit organizations has charged, as U.S. banks have stopped operating with Somali money transfer operators (MTOs), effectively severing a vital lifeline that funded the most basic necessities.


#2

Terrorism = War Profiteering


#3

The money masters are permanently at work trying to maximise profits. Crackdown on terrorism funding means gleaning the interest from frozen deposits..


#4

Terrorism is a hoax and the so-called attack on September 11, 2001 is and continues to be an inside job.