Telling the Truth about Terrorism and Islamic Charities

download (78)By Michael Curtis:

The link between “charity” groups and terrorist organizations is frequently not recognized or is ignored. The chairman of the British Charity Commission, William Shawcross, on April 20, 2014 expressed his concern about charities being used as vehicles for such groups. He warns that the “problem of Islamist extremism… is not the most widespread problem we face in terms of abuse of charities but is potentially the most deadly… and it is growing.”

The growth is evident from the analysis in the British list of terrorist organizations proscribed under the Terrorism Act 2000. Of the 55 organizations, 33 are Islamist, alphabetically, from the Abu Nidal Organization, whose declared aim is the destruction of Israel, to Saved Sect or Savior Sect, a group that has disguised its name on a number of occasions and which seeks to establish an Islamic Caliphate ruled by Sharia law.

Shawcross’s rightful concern was that some charities in the UK as elsewhere in Western democracies purportedly raise funds to provide aid for desirable objectives, and do so to some extent, but that they are also engaged in money laundering to organizations that are involved, directly or indirectly, with terrorist groups. More specifically, Shawcross found that some people accused of terrorist offenses serve as charity trustees.

Oxfam International, which showed such courage in trying to prevent the powerful Scarlett Johansson from taking a job with the Israeli company SodaStream, appears naïve and politically inept in not grasping this link. In January 2014 Oxfam was about to cosponsor an exhibit on Gaza in the East London Mosque together with Ibrahim Hewitt, a trustee of Interpal, officially the Palestine Relief and Development Fund, a so-called charity organization.

Oxfam, though now universally famous for its acute knowledge of the precise conditions in Israeli settlements, did not know, as every schoolboy in London does, that the East London Mosque is a notorious cauldron of anti-Western and anti-Semitic hatred. One of the individuals, Sakeel Begg, due to speak at another event at the Mosque, describes jihad as “the greatest of deeds.” The Mosque has also entertained other speakers such as Saad al-Beraik who refers to Jews as “monkeys,” and calls on Palestinians not to “have mercy or compassion on the Jews,” and to wage jihad against them.

It is also well known that the Mosque is an organization close to the Bangladeshi wing in the UK of Jamaat-e-Islami, a violent Islamic terrorist group, responsible for mass murder in 1971, and linked to the Global Muslim Brotherhood.

Oxfam understood that Hewitt was due to speak at the Mosque in conjunction with the Gaza exhibition it was cosponsoring. But then it cancelled the event not because of the hatred expressed in Hewitt’s remarks about Israel but because of his comments about homosexuality about which Oxfam had been previously unaware. Hewitt is reported as wanting homosexuals to suffer “severe punishments” for their “great sin.” He is not clear, at least officially, whether gays should be executed or whether they should simply be subjected to stoning. In spite of the cancellation, the irrepressibly naive Oxfam still “looks forward” to working with the Mosque to “highlight the plight of children of Gaza.”

Read more at American Thinker

Lebanese Canadian Bank to Pay $102 Million in Hizballah Laundering Case

money-launderingby Abha Shankar:

 

Jihadists exploit Latin America to finance terror

imagesCAH4IYW8Money Jihad:

Latin America has experienced a possible increase in terror financing activities by radical Islamists throughout 2012.  Consider the developments that have been revealed this year:

  • In September, published reports indicated that a Hezbollah camp in Nicaragua is training 30 operatives and is laundering money.
  • The Venezuela chapter of Hezbollah is using Panama for bulk cash smuggling for follow-on transfer to Beirut.
  • Some goods, possibly even missile components, are being exported via Panama directly to Iran.
  • The use of the Venezuelan air carrier Conviasa to smuggle contraband through Africa to Europe earned it an “operational ban” from the EU in April.  Hezbollah profited from the Conviasa flights.  It is unclear whether the ban interferes with Conviasa’s African flights.
  • Cuba was listed again by the U.S. in 2012 as a state sponsor of terrorism partly for the continued safe haven Cuba provides to terrorist groups FARC and ETA.  Havana is now also letting IHH, the radical Islamist Turkish charity that has been banned by Germany for its financing of Hamas, build a mosque in Cuba.
  • A trio of Hezbollah agents in Mexico was exposed during an arrest of one operative who had previously been convicted in the U.S. for credit card fraud that funded terrorism.
  • Ecuador was blacklisted in June by FATF, the international financial watchdog, for failing to make progress against money laundering and terrorist financing.
  • In its annual report in July, the U.S. State Department said, “Brazil has not criminalized terrorist financing in a manner that is consistent with the FATF Special Recommendation II.”

Given its Western heritage and deep Catholic faith, Latin America can and should be a natural ally in the war against Islamic terror.  Its energy resources make it a natural counterweight to the oil powerhouse of the Middle East.

But this wonderful opportunity to present a united trans-American front against jihad is being jeopardized by attitudes of permissiveness, ignorance, and political correctness.  American politicians like Michelle Bachman and Connie Mack who recognize the threat are written off as know-nothing xenophobes.  But the news this year indicates that they are correct.

Action Alert: send your email urging the Comptroller of Currency to revoke HSBC’s bank charter

Florida Family Association

US Homeland Security Senate Subcommittee reports that HSBC (Hong Kong and Shanghai Banking Corporation) is transferring funds to terrorists groups, Iran and drug cartels.

US Senator Carl Levin’s assessment “If an international bank won’t police its own affiliates to stop illicit money, the regulatory agencies should consider whether to revoke the charter of the U.S. bank being used to aid and abet that illicit money.”
  US Homeland Security Senate Subcommittee reports that HSBC (Hong Kong and Shanghai Banking Corporation) is transferring funds to terrorists groups, Iran and drug cartels.

Click here to send your email urging the Comptroller of Currency to revoke HSBC’s bank charter.

Will Thomas Curry, President Obama’s March 2012 appointee as the new Comptroller of Currency (OCC), follow the bipartisan US Senate Homeland Security Subcommittee’s report recommending revocation of HSBC’s charter to operate as a bank in the United States?  Or will the OCC continue to permit HSBC to facilitate the transfer of funds to terrorist organizations, Iran and drug cartels?  HSBC is the abbreviation for Hong Kong and Shanghai Banking Corporation.

The United States Senate Homeland Security and Government Affairs Permanent Subcommittee on Investigations issued a report on July 16, 2012 which stated in part:

  • In 2010, HSBC was cited by its federal regulator, the Office of the Comptroller of the Currency (OCC), for multiple severe AML deficiencies, including a failure to monitor $60 trillion in wire transfer and account activity; a backlog of 17,000 unreviewed account alerts regarding potentially suspicious activity; and a failure to conduct AML due diligence before opening accounts for HSBC affiliates.  Subcommittee investigators found that the OCC had failed to take a single enforcement action against the bank, formal or informal, over the previous six years, despite ample evidence of AML problems.
  • Circumventing OFAC Safeguards.  Foreign HSBC banks actively circumvented U.S. safeguards at HUBS designed to block transactions involving terrorists, drug lords, and rogue regimes.  In one case examined by the Subcommittee, two HSBC affiliates sent nearly 25,000 transactions involving $19.4 billion through their HBUS accounts over seven years without disclosing the transactions’ links to Iran.
  • Servicing High Risk Affiliates.  HSBC’s U.S. bank, HBUS, offered correspondent banking services to HSBC Bank Mexico, and treated it as a low risk client, despite its location in a country facing money laundering and drug trafficking challenges, high risk clients like casas de cambio, high risk products like U.S. dollar accounts in the Cayman Islands, a secrecy jurisdiction, and weak AML controls.  The Mexican affiliate transported $7 billion in physical U.S. dollars to HBUS from 2007 to 2008, outstripping other Mexican banks, even one twice its size, raising red flags that the volume of dollars included proceeds from illegal drug sales in the United States.

Bloomberg reported on July 25, 2012 HSBC Fined $27.5 Million in Mexican Money-Laundering Probe.  HSBC Holdings Plc (HSBA), Europe’s biggest bank, said its Mexican unit paid a $27.5 million fine to the nation’s regulators for non-compliance with money-laundering systems and controls.  The infringements relate to the late reporting of 1,729 unusual transactions and the failure to report 39 others, the London-based bank said in a statement today.  Click here to read the full report at Bloomberg.

Additionally, HSBC operates under strict Sharia supervision.  HSBC Amanah web site HSBCAmanah.com provides “Islamic Financial Solutions” with “Full Sharia Supervision.” HSBC which has extensive operations in the United States “is one of the Western world’s leaders in Sharia-Compliant Finance and was recently fined after having been revealed to have been a facilitator for terrorism financing, money laundering and narco-terrorism” according to Shariahfinancewatch.org

The United States Senate Homeland Security and Government Affairs Permanent Subcommittee rebuked the OCC for their failure to act “In an age of international terrorism, drug violence in our streets and on our borders, and organized crime, stopping illicit money flows that support those atrocities is a national security imperative,” said Sen. Carl Levin, D-Mich., subcommittee Chairman. “HSBC used its U.S. bank as a gateway into the U.S. financial system for some HSBC affiliates around the world to provide U.S. dollar services to clients while playing fast and loose with U.S. banking rules.  Due to poor AML controls, HBUS exposed the United States to Mexican drug money, suspicious travelers cheques, bearer share corporations, and rogue jurisdictions.  The bank’s federal bank regulator, the OCC, tolerated HSBC’s weak AML system for years.  If an international bank won’t police its own affiliates to stop illicit money, the regulatory agencies should consider whether to revoke the charter of the U.S. bank being used to aid and abet that illicit money.”

If you bank with HSBC you are supporting one of the largest financial institutions in the world that support Sharia and transfer funds for terrorists.   There will be more alerts on this issue.

Florida Family Association has prepared an email for you to send that urges Thomas Curry, Comptroller of Currency (OCC) with the US Department of Treasury and his staff, to revoke the HSBC USA bank charter.

To send your email, please click the following link, enter your name and email address then click the “Send Your Message” button.  You may now change the wording in the subject line or message of the email prepared for this action item.

Please click here to send your email urging Thomas Curry, Comptroller of Currency (OCC) and his staff, to revoke the HSBC USA bank charter.

Please forward this article to friends who you know would be interested in this information.

Contact information:

Thomas Curry, Comptroller Comptroller of the Currency Administrator of National Banks Washington, DC 20219

thomas.curry@occ.treas.gov Comptroller of Currency

sally.belshaw@occ.treas.gov Deputy Comptroller Large Banks

michael.Brosnan@occ.treas.gov Senior Deputy Comptroller Large Bank Supervision

william.haas@occ.treas.gov Deputy Comptroller Midsize Bank Supervision

carlos.hernandez@occ.treas.gov Director for International Bank Supervision

regs.comments@occ.treas.govRegulation Comments

Email Subject Line:

HSBC currency violations warrant revocation of bank charter according to US Senate subcommittee.

Email Content:

I was alarmed to read the United States Senate Homeland Security and Government Affairs Permanent Subcommittee on Investigations July 16, 2012 report which found that “HSBC and its U.S. affiliate exposed the U.S. financial system to a wide array of money laundering, drug trafficking, and terrorist financing risks due to poor anti-money laundering controls.”

It is difficult to comprehend why “The bank’s federal bank regulator, the OCC, tolerated HSBC’s weak AML system for years” as pointed out by Senator Carl Levin.

In is perplexing that “Foreign HSBC banks actively circumvented U.S. safeguards at HUBS designed to block transactions involving terrorists, drug lords, and rogue regimes” without swift response from OCC.

I wholeheartedly agree with Senator Levin’s assessment that “If an international bank won’t police its own affiliates to stop illicit money, the regulatory agencies should consider whether to revoke the charter of the U.S. bank being used to aid and abet that illicit money.”

HSBC’s multitudes of violations which threaten the health, safety and welfare of all Americans have gone on far too long.  I urge you to revoke HSBC’s bank charter.

******

Please forward this article to family and friends who are concerned about terrorism.

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Regulator: British Bank Laundered Billions for Iran Through New York

by IPT News  •  Aug 7, 2012 at 1:56 pm

No Surprise Here: Useful Idiots at HSBC turned blind eye to terrorist money

SFW:

Regular readers of SFW know that we are no fans of HSBC.

After all, HSBC has been at the forefront of the financial jihad to facilitate Shariah-compliant finance on a global scale.

Moreover, HSBC employed the Jihadist monster Mufti Taqi Usmani as the chair of their Shariah Advisory Board. Then, when the heat over that relationship became too hot, they cynically replaced him…with his son. We detailed all of this over the past couple of years:

http://www.shariahfinancewatch.org/blog/2009/02/27/hsbcs-shariah-man/

http://www.shariahfinancewatch.org/blog/2010/03/09/mufti-taqi-usmani-no-longer-chief-of-hsbcs-shariah-advisory-board/

Given HSBC’s association with Jihadists like Usmani and their deep involvement with the promotion of Shariah, the fact that they have proven to be lax at compliance with counterterrorism money laundering laws and regulations should come as no surprise. That too is a topic that we have covered here on SFW:

Like the time that they were fined $1 billion for lax money laundering compliance:

http://www.shariahfinancewatch.org/blog/2011/05/24/hsbc-to-be-fined-1-billion-for-lax-money-laundering-compliance/

In fact, there is no doubt that HSBC is the Western world’s chief enabler of Jihad and Shariah:

http://www.shariahfinancewatch.org/blog/2012/05/04/hsbc-leading-western-enabler-of-financial-jihad/

On top of all this OLD news, we have fresh reports that HSBC has not learned its lesson at all. In fact, HSBC appears to have been hard at work doing the same things for which they have been fingered in the past. A report released yesterday by the US Senate details HSBC’s deplorable record when it comes to vigilance in the areas of terrorism and other nefarious activities. It almost seems as if HSBC was the bank of choice for evil when you read about their history and couple it with the Senate report.

The worst part and probably the biggest smoking gun that HSBC cannot dismiss these charges as simply a matter of carelessness? How about THOUSANDS of transactions involving the Islamic Republic of Iran in violation of sanctions!

Again, this should come as no surprise. After all, Iran is the world’s most active state sponsor of Jihadist terrorism and also dominates the world of Shariah-compliant finance. Seems like a natural fit for the useful idiots (and perhaps worse) at HSBC:

http://money.cnn.com/2012/07/16/news/companies/hsbc-money-laundering/index.htm

 

Muslim US ICE Intelligence Officer Under Cloud of Suspicion over Financial Scam

Shariah Finance Watch: This news story proves the adage that truth is indeed stranger than fiction.

It seems that a US Department of Homeland Security Immigration and Customs Enforcement intelligence officer has been embroiled in serious financial impropriety.

But wait, that isn’t even HALF the story. It gets much worse.

This intelligence officer is a former colonel in the Jordanian Air Force named Ahmed Abdallat. Abdallat started working for the US federal government way back in 1995 and has had access to all sorts of sensitive and classified documents and programs during his tenure. He has also been posted around the world, especially in the Middle East, including Saudi Arabia. Most recently, Abdallat has been assigned to an intelligence post right on the US-Mexican border in El Paso, Texas, an area that has been given increasing scrutiny due to persistent reports of Hezbollah activity.

Abdallat is caught up in a fraud and money laundering scandal involving a Department of Homeland Security ICE official named James Woosley, who scammed the taxpayer systematically over a three-year period.

Law enforcement officials stealing is bad enough, but in our view, Abdallat’s involvement is the potentially much bigger story here. You see, we know that Woosely was using his ill-gotten gain to buy a new boat and a second home.

Not Abdallat.

Abdallat wired $570,000 to bank accounts in the Middle East. Maybe Abdallat was just sending his money overseas for himself. But maybe he was sending money overseas for an entirely different purpose…One thing we do know: Abdallat didn’t make anywhere near enough money off of his US government salary to explain over a half million dollars in wire transfers.

To make matters worse, when the FBI raided Abdallat’s home, they found two Jordanian passports, which he wasn’t supposed to have and they found evidence of several Middle Eastern bank accounts that Abdallat denied having…

There certainly seems to be more to this than just a bureaucrat who got greedy…All the focus of the media on this investigation seems to be on Woosley. We think more scrutiny should focus on Ahmed Abdallat.