In January 2010, the Saudi government refused to assist the U.S. request for information in a terror financing case involving a major Saudi bank. The Riyadh based Al Rajhi Bank, the largest Islamic bank in the Gulf Cooperation Council, and the third largest commercial bank in Saudi Arabia, refused to comply with a subpoena issued in the terror financing trial of Dr. Peter Seda, a U.S. operative of the Saudi based, U.S. designated, and allegedly defunct charity al Haramain Foundation. The evidence provided by the prosecution showed the Saudi al Rajhi Bank transferred $151,000 to the Chechen mujahedeen. Still, The Saudis who in 2007 ratified the International Convention for the Suppression of the Financing of Terrorism, refused to cooperate.
The May 31, 2010 edition of The Sunday Times revealed that the Afghan financial intelligence unit, FinTraca, reported that since 2006, at least $1.5 billion from Saudi Arabia were smuggled into Afghanistan, headed most probably to the Taliban. The money entered Afghanistan through Pakistani tribal area, especially through North Waziristan, known as “al-Qaeda’s heartland.” One wonders how much of this money was used to buy weapons that killed 1,268 American soldiers and maimed thousands more in Afghanistan.
Also in May 2010, leaked Saudi intelligence document showing continued Saudi governmental support for al Qaeda in the form of cash and weapons, were published by Buratha News Service, an independent news source in Iraq.
On November 15, 2010, the GAO released its 2009 report on Saudi efforts to stop terror financing. It concluded that the “U.S. and Saudi officials report progress on countering terrorism and its financing within Saudi Arabia, but noted challenges, particularly in preventing alleged funding for terrorism and violent extremism outside of Saudi Arabia. (Emphasis added). Moreover, there are no restrictions on foreign branches of Saudi-based charities from funding terrorist groups. In addition, cash in large quantities to fund terrorism, is being smuggled out of the country via couriers.
Despite all the evidence of the danger posed by the Wahhabist message, the U.S. has continued its preferential treatment of the Kingdom, while Saudi funds continue flowing to Sunni radical groups, foreign charities, mosques, Islamic centers, and academic institutions.
It is time the U.S. took serious measures to protect Americans at home and abroad from the ill effects of Saudi funding to spread global Wahhabi radicalizations.