Richard A. Clarke

Name: Prepared Statement to the Senate Committee on Banking, Housing, and Urban Affairs
Author: Richard A. Clarke

Prepared Statement to the Senate Committee on Banking… (2003)

Summary

“Prepared Statement to the Senate Committee on Banking, Housing, and Urban Affairs”, published in 2003, is a work by Richard A. Clarke. It explores elements such as the United States, al Qida and terrorist financing.

Quotes from Prepared Statement to the Senate Committee on Banking… (Richard A. Clarke)

Richard A. Clarke, Prepared Statement to the Senate Committee on Banking… (2003)

“ However, as al Qida and the like continue to target the United States and our allies, we are in no position to rest on our laurels. Careful review reveals that continued vigilance and determination is required to shutter the money stores of our terrorist enemies. From magazines to mosques and charities, the agents of terrorism are well rooted in the United States, exploiting the strengths and weaknesses of our financial backbone. The network of terrorist leaders and operatives in the United States has built a highly diversified arsenal of funding sources, including unwitting governments. ”

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Source: Wikisource

Richard A. Clarke, Prepared Statement to the Senate Committee on Banking… (2003)

“ Fifth, while many governments are now better cooperating in the search for terrorism financing, we need to sanction those who do not. The President should be required annually to report to the Congress in a detailed, classified document what each nation is doing in the international effort against terrorist financing, including their laws, their cooperation, and the degree of vigor with which they are looking for terrorist fronts and funds. ”

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Source: Wikisource

Richard A. Clarke, Prepared Statement to the Senate Committee on Banking… (2003)

“ Chairman, we face an on going problem that is here in the United States as well as abroad. It is a problem that we have just begun to dent, one which needs continued Congressional oversight and pressure. If we are to win the war on terrorism, there are many things that we must do. Drying up the money going to terrorists is one of the most important parts of winning that war. ”

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Source: Wikisource

Richard A. Clarke, Prepared Statement to the Senate Committee on Banking… (2003)

“ Nations which are not adequately cooperating should be subject to sanctions, such as having all of their financial institutions made ineligible for clearing dollar accounts. The President should have the ability to defer these sanctions, but only by notifying the Congress why he wants them deferred and what he proposes to do to get the nation cooperating. ”

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Source: Wikisource

Richard A. Clarke, Prepared Statement to the Senate Committee on Banking… (2003)

“ Terrorist fronts operating under the false cover of charities and relief organizations have raised millions of dollars from the American public, some of whom perhaps knew the intended purpose of their contributions and some of whom do not. ”

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Source: Wikisource

Richard A. Clarke, Prepared Statement to the Senate Committee on Banking… (2003)

“ Yasin al Qadi is allegedly the financier behind several U.S. organizations which have been tied to terrorist support. Qadi has been identified in court papers as the banker behind a convoluted real estate transaction in Illinois where proceeds where siphoned off to Hamas operatives. Qadi has also been reported to be a lead investor in BMI, a New Jersey based Islamic investment bank catering to ranking members of the Muslim Brotherhood, including Hamas and al Qida backers. ”

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Source: Wikisource

Richard A. Clarke, Prepared Statement to the Senate Committee on Banking… (2003)

“ In a recent federal affidavit, Senior Special Agent David Kane confirmed, “I know that terrorists who have attacked or tried to attack the United States around the world have been associated with ... IIRO.” The U.S. offices of IIRO were raided in 1997 and again in 2002, in connection with federal fraud and terrorism investigations. IIRO has reportedly received funding from the Saudi government. Human Concern International (HCI) reportedly received at least $250,000 in funding from the Canadian government. ”

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Source: Wikisource

Richard A. Clarke, Prepared Statement to the Senate Committee on Banking… (2003)

“ Often, local representatives will organize smaller fundraising dinners or events. Donors are encouraged to seek matching gifts from their employers or associations. Terrorist groups use a variety of means to move funds, including charities, private companies, offshore accounts, U.S. accounts, real estate transactions, blank checks and bulk cash couriers. ”

Richard A. Clarke

Summary

Quotes from Prepared Statement to the Senate Committee on Banking… (Richard A. Clarke)

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