Free Republic

Treasury Targets Major Money Laundering Network Linked to Drug Trafficker Ayman Joumaa and a Key Hizballah Supporter in South America 6/27/2012 WASHINGTON – The U.S. Department of the Treasury today designated four individuals and three entities involved in laundering the proceeds of narcotics trafficking for drug kingpin Ayman Joumaa. Treasury also designated a Colombia-based individual under its terrorism authority, Executive Order (E.O.) 13224, for directing Hizballah’s fundraising activities in the Americas. This individual was previously designated under the Foreign Narcotics Kingpin Designation Act (Kingpin Act) for his role in narcotics-related money laundering. Today’s designations further expose Ayman Joumaa’s network as...

SAN`A, Yemen (AP) - A Yemeni politician and religious figure - designated a suspected terrorist by the United States - declared his innocence Saturday and called on Washington to substantiate its allegations. On Tuesday, Sheik Abdulmajid al-Zindani, an Afghan war veteran and the spiritual leader of the Islamic-oriented Islah Party, was added to a U.S. Treasury Department list of those suspected of supporting terrorist activities. The allegation claimed al-Zindani, who is in his 60s, had "a long history of working with Osama bin Laden, notably serving as one of his spiritual leaders." The Treasury Department said al-Zindani had actively recruited...