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November 5, 2004

Terrorists Using Canada To Launder Funds

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Canada still a terrorist haven.

As reported in Jihad Watch:

"OTTAWA (CP) - International terrorists and crime syndicates seem to be using Canada to launder dirty money at a sharply rising rate, concludes a federal report released Thursday. Almost 200 cases involving $700 million in suspect financial transactions were investigated over the past fiscal year, says the federal agency that tracks financing by suspected criminals.

That's significantly more than the $460 million tracked the previous year of 2002-2003, the Financial Transactions and Reports Analysis Centre (Fintrac) says in its annual report."

Reports such as this and other recent revelations regarding terrorist financings remind us that there is still much to be done in the war on terrorism. It would be nice if our Canadian neighbors would not continue to offer Canada as a haven for terrorists and their money.

READ MORE .........


Posted by Hyscience at November 5, 2004 12:56 PM



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