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Weekly Roundup: 14 Indicted on Hawala-Related Terror Finance Charges, and More
printThe announcement of potential enforcement actions against two prominent financial institutions for alleged violations of U.S. sanction laws dominated the news this week. But one terrorist financing case involving hawalas also made waves. More The U.S. Department of Justice indicted 14 people for allegedly providing money and personnel services to the Somali terrorist group al-Shabaab on Tuesday. Several of those charge used telephones and hawalas to send and receive funds, according to court documents. More Venezuela announced on Monday that it plans to create a public bond market where nationalized companies "can sell securities in bolivars to finance development plans,"...
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