U.S. Links Islamic Charities, Terrorist Funding

Islamic charities based in Northern Virginia and sponsored by the government of Saudi Arabia invested millions of dollars in a company suspected of funding al Qaeda and the Islamic Resistance Movement, the government alleged for the first time yesterday.


An affidavit made public in federal court in Virginia contends that the Muslim charities gave $3.7 million to BMI Inc., a private Islamic investment company in New Jersey that may have passed the money to terrorist groups. The money was part of a $10 million endowment from unnamed donors in Jiddah, Saudi Arabia, according to the affidavit filed by David Kane of the Bureau of Immigration and Customs Enforcement.
http://www.washingtonpost.com/wp-dyn/articles/A17354-2003Aug19.html