Al-Qaeda running out of funds?

[MIKEMUN]

There is a report on the BBC that says that Al-Qaeda is finding it difficult to get funding,and that the Taliban is getting more money. It also says how Hezbollah is making money from music and movie piracy. Will post the link when I get online from a computer.

[MIKEMUN]

Al-Qaeda 'faces funding crisis'

Al-Qaeda is in its worst financial state for years, the US says
Al-Qaeda is in its worst financial state for many years while the Taliban's funding is flourishing, according to the US Treasury.

Senior Treasury official David Cohen said al-Qaeda had made several appeals for funds already this year.

The influence of the network - damaged by US efforts to choke funding - is waning, he said.

The Taliban, meanwhile, are in better financial shape, bolstered by Afghanistan's booming trade in drugs.

According to Mr Cohen, the al-Qaeda leadership has already warned that a lack of funds was hurting the group's recruitment and training efforts.

"We assess that al-Qaeda is in its weakest financial condition in several years and that, as a result, its influence is waning," Mr Cohen said from Washington.



But he added that as the organisation had multiple donors who were "ready, willing and able to contribute" the situation could be rapidly reversed.

However, the assistant secretary for terrorist financing said that the Taliban were in a better financial position, despite efforts to control the movement's cash supply.

The US administration's Special Envoy to Afghanistan, Richard Holbrooke, has said that the Taliban get most of their funding from private benefactors in the Gulf.

The many sources of funding for the Taliban make it more difficult to intercept and interrupt money flows, Mr Cohen said.

He also noted a trend in militant organisations turning to criminal activities to finance themselves.

Hezbollah, he alleged, is involved in making and selling illegal copies of music and computer software, as well as cigarette smuggling.


BBC NEWS | South Asia | Al-Qaeda 'faces funding crisis'

[Kernow]

Assistant secretary for terrorist financing. This is a joke, surely, is it 1 April?

Good news if it is accurate.

[gunnut]

Good thing we're fighting Al Queda and not the Taliban.

[Kernow]

Saudi Arabia doing there bit against AQ.

BBC NEWS | Middle East | Al-Qaeda suspects die in shootout

[MIKEMUN]

They can always borrow from the Taliban,then.

Osama:Hey Mullah Omar,can you lend me a couple of millions,need to make a tape.

Mullah Omar: Would love to,love your tapes,but my poppy field isn't ripe yet.

Gives new meaning to "when my ship comes in".

[SenorPabloIII]

There is a report on the BBC that says that Al-Qaeda is finding it difficult to get funding,and that the Taliban is getting more money. It also says how Hezbollah is making money from music and movie piracy. Will post the link when I get online from a computer.

Get rid of the poppy seed drug business in Afghanistan and then the Taliban is out, if America increases it's intelligence operations, Al Qaeda is gone.