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Keyword: alrajhi

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  • Rich Saudi family accused of funding terrorism from the Netherlands

    08/22/2003 7:13:51 AM PDT · by knighthawk · 9 replies · 312+ views
    AMSTERDAM - A Saudi family of bankers which have been accused of financing islamic terrorism, seems to do a large portion of their funding from the Netherlands. The family owns an investment company in Amsterdam, which has funded 'islamic investments' for well over a billion dollars. The firm is known as Al Rajhi Investment Corporation bv, located in the Drentestraat in Amsterdam-Buitenveldert. The firm is owned by the Al Rajhi Banking & Investment Corporation, one of the biggest financial institutions of Saudi Arabia. In annual reports of the Dutch branch there are huge investments, described as 'loans' to 'international organizations'...