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  • Albania freezes assets of fugitive Saudi businessman on U.S. terror list

    12/15/2004 11:45:09 AM PST · by knighthawk · 10 replies · 545+ views
    The Star Online ^ | December 15 2004
    TIRANA, Albania (AP) - The Albanian government said Wednesday it has frozen the assets of a Saudi citizen who is under investigation for alleged money laundering to terror networks. Authorities have seized 22 apartment units owned by Yasin Al-Qadi, a fugitive Saudi businessman suspected of laundering money for Osama bin Laden's terror network through extensive business dealings in Albania, said Alban Beqa, a spokesman for the Ministry of Finance. Al-Qadi, 47, has been under investigation since January 2002 for money laundering. He had already left the country by that time. Al-Qadi headed the Saudi-based Muwafaq Foundation, which U.S. investigators suspect...