ICEC

Saudi Information Minister: “Stopping Cash Flow to Armed Groups”

Saudi Arabia has passed an anti-money laundering law aimed at stopping cash getting to armed groups – a move sought by Washington after the 9/11 attacks – a local newspaper quoted the government as saying on Tuesday.

Saudi Information Minister Abdul-Aziz Khoja said the law contained “rules related to the crimes of financing terrorism, terrorist acts and terror organizations,” according to the Arab News daily.

A further law is planned that specifically focuses on “militant” financing, the paper said, a probable reference to an anti-terrorism bill now before the advisory Shoura Council.

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