1. Most Discussed
  2. Gainers & Losers

wont it be interesting to see where this leads???

  1. Yak

    13,672 Posts.

    'Specially the last para....

    FBI Probes Possible Saudi-9/11 Link
    Sat Nov 23,10:05 AM ET Add White House - AP Cabinet & State to My Yahoo!

    WASHINGTON (AP) - The Justice Department (news - web sites) is investigating whether the Saudi government funneled money to two students who assisted two of the Sept. 11 hijackers, the White House said Saturday.

    "The FBI (news - web sites) has been investigating this and I'm not going to prejudge the conclusion of that investigation," said Dan Bartlett, a spokesman for the Bush administration.

    Bartlett, who accompanied President Bush (news - web sites) to a NATO (news - web sites) summit in Europe, disputed congressional critics of the probe.

    "As anyone who knows this issue will tell you, it's very difficult to track financing of terrorist networks because most of it is done in cash," he said. "I don't agree with the assessment it's not been aggressively pursued."

    A draft report by a joint congressional committee looking into the terrorist attacks says the CIA (news - web sites) and FBI ignored the possibility that two of the hijackers, Khalid Almidhar and Nawaf Alhazmi, both Saudis, were given Saudi money from two Saudi men they met in California in the year before the attacks, The New York Times reported in its Saturday editions. Almidhar and Alhazmi were on the plane that crashed into the Pentagon (news - web sites).

    The committee also accused the Saudi government of not fully cooperating with American investigators.

    The two hijackers met with Omar al-Bayoumi and Osama Basnan, who were receiving financial support from the Saudi government, the Times said. Officials were not sure what kind of stipends they were receiving, the newspaper said.

    Newsweek said, however, the FBI uncovered financial records showing payments to the family of al-Bayoumi from a Washington bank account held in the name of Princess Haifa Al-Faisal, wife of the Saudi ambassador to the United States and daughter of the late King Faisal.

    Sources said the payments amounted to about $3,500 a month. The money filtered into the al-Bayoumi family's bank account in early 2000, just a few months after Almidhar and Alhazmi arrived in Los Angeles from an al-Qaida planning summit, Newsweek said in a report posted on its Web site Friday night.

    Payments for roughly the same amount began flowing every month to Basnan.

    Administration officials told Newsweek they did do not know the purpose of the payments from Princess Haifa's account. They also were uncertain whether the money was given to the hijackers by al-Bayoumi or Basnan.

    The princess' office said "she will cooperate fully with the United States."

    The debate over possible Saudi link raises a sensitive political issue for the Bush administration as it is one of the United States' closest and most important allies in the Persian Gulf at a time when the administration is considering war with Iraq.

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.