US freezes assets of Osama son-in-law
August 25th, 2010 - 10:30 am ICT by IANSBy Arun Kumar
Washington, Aug 25 (IANS) In a continuing campaign to target Al Qaeda’s sources of funds, the United States has frozen the assets of Muhammad Abdallah Hasan Abu-al-Khayr, a son-in-law of Osama bin Laden.
The assets of al-Khayr, who is considered a possible replacement for the terror group’s chief financial officer, would be frozen in US jurisdictions under new sanctions imposed by the Treasury Department Tuesday. Mustafa al-Yazid, the former No. 3 Al Qaeda leader and financier, was killed in a drone strike in Pakistan earlier this year.
The Treasury’s designation also prohibits Americans from engaging in any transactions with him. The UN took a similar action, which extends the sanctions against him to all member nations.
The Treasury Department says al-Khayr has helped raise hundreds of thousands of dollars for a specific terrorist attack against US interests. He appears on a 2009 list of 85 persons wanted by the government of Saudi Arabia, in part because of his role as an Al Qaeda financial facilitator.
Al-Khayr also acts for Al Qaeda in a leadership role on the media committee, and has on at least one occasion recruited a member for Al Qaeda, it said.
His relationship with Al Qaeda began with military training the terrorist group provided him in the mid-1990s. Al-Khayr has also provided services to bin Laden as a bodyguard.
“After the death in May of Mustafa Abu al-Yazid, who essentially served as Al Qaeda ’s chief financial officer, we will continue to work with our allies to target those like al-Khayr who could step into al-Yazid’s shoes,” said Under Secretary for Terrorism and Financial Intelligence Stuart Levey.
“Today’s designation of al-Khayr by the United States and the United Nations will help to ensure that that Al Qaeda remains in severe financial straits.”
(Arun Kumar can be contacted at arun.kumar@ians.in)
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Tags: abdallah, arun kumar, bodyguard, chief financial officer, drone, facilitator, financial intelligence, government of saudi arabia, hasan, leadership role, media committee, member nations, mid 1990s, military training, mustafa, sources of funds, stuart levey, terror group, terrorist group, treasury department