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Saudi Arabia Terror Finance a Black Mark for Global AML Groups
By Colby Adams
printThe disclosure that Saudi Arabia has become one of the world's largest sources of terrorist financing has raised questions about the willingness of intergovernmental groups to clamp down on nations with strong international alliances. Sensitive diplomatic communiques leaked by Wikileaks outline broad U.S. concerns about how the oil-rich, Middle Eastern nation is enabling the flow of ostensibly charitable funds to groups blacklisted for terrorism. The leaked U.S. State Department cables identify Saudi Arabia as the primary source of funding for the Taliban, among other disclosures. The cables are not the first time U.S. officials have criticized the Saudi government's willingness...
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