51. Review of The Price of Fear: The Truth Behind the Financial War on Terror by Ibrahim Warde
- Author:
- Rebecca Hekman
- Publication Date:
- 09-2008
- Content Type:
- Journal Article
- Journal:
- al Nakhlah
- Institution:
- The Fletcher School, Tufts University
- Abstract:
- On November 7, 2001, amid much fanfare, the U.S. led a global shutdown of Al-Barakaat, a large Somali remittance company headquartered in Dubai. The first major target in the financial war on terror, the company stood accused of providing $15-25 million annually to Al-Qaeda. U.S. Treasury Secretary Paul O'Neill called Al-Barakaat “the quartermasters of terror” Bush announced that the strike was predicated on “solid and credible” evidence that the company was “operating 'at the service of mass murderers.” Simultaneous police raids in four U.S. states, Canada, Italy, Switzerland, and the UAE were hailed as a resounding success. Having ostensibly interrupted Al-Qaeda's communications and made a significant dent in the organization's finances, the strike was also to uncover a wealth of information for law enforcement
- Political Geography:
- United States, Canada, Italy, and Switzerland