Monday, August 23, 2004

Financial backing for al Qaeda down, report says

From SF Gate

Washington -- Financial support for al Qaeda and the size of its operating budget have plummeted in the three years since the Sept. 11 attacks, but the network "continues to fund terrorist operations with relative ease," according to new findings released Saturday by the 9/11 commission.

The report from the panel also says that the Saudi government provided lackluster cooperation in the effort to stanch the flow of money to al Qaeda for two years after the attacks, but began to respond more aggressively after several al Qaeda strikes in the kingdom last year.

Al Qaeda's annual budget appears to have shrunk from about $30 million a year before the Sept. 11 attacks to as little as a few million dollars per year now, the commission reported. Funding for the terrorist network has shriveled during that same period, partly because of the more aggressive stance by Saudi Arabia, the report said.

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