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October 12, 2001
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US, UK freeze Jaish-e-Mohammed assets

The noose tightened around Jaish-e-Mohammed, the militant organisation believed to be responsible for the ghastly October 1 suicide bomb attack on the Jammu and Kashmir assembly, with Britain freezing its assets, along with the assets of 37 other organisations and individuals.

Even as this report was being filed, United States in a parallel move froze the assets of Jaish, along with the assets of 39 other organisations and individuals.

"We are determined to deny terrorists the resources to carry out their acts of evil," said US Treasury Secretary Paul O'Neill.

Another Pakistan-based organisation whose assets were frozen by Britain was the Al-Rasheed trust of Lahore.

"Today's list is a result of intelligence sharing and coordination between the UK and the US," UK Treasury Chief Gordon Brown said.

The other organisations banned under Britain's Terrorism Act included Al-Hamati, Sweets Bakeries and Al-Shifa' Honey Press for Industry and Commerce of Yemen, and Jam'yah Ta'awun Al-Islamia or Society of Islamic Cooperation of Kandahar city

The new list follows up on a September 24 order by US President George W Bush authorising a freeze on the assets of 27 people and organisations suspected of conducting or financing terrorist activities.

RELATED REPORT:
Jaish-e-Mohammed adopts new name

The War on Terrorism: The Complete Coverage

The Terrorism Weblog: Latest Stories from Around the World

External Link:
For further coverage, please visit www.saja.org/roundupsept11.html

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