Qatar and terrorism. Suspicious bank transactions.

Qatar and terrorism. Suspicious bank transactions.
July 3, 2019, 8:37 am

The issue of banking facilities offered by Qatar to terrorists who are on terrorism lists, remains at the forefront of the scene. The US news website, The Hill, focused on the consequences of the investigation published in the Wall Street Journal last month. The report in WSJ discussed the financial facilities provided by Qatar, exploiting the loopholes in the current UN Security Council sanctions procedures.

According to WSJ, Khalifa al Subaiy, a Qatari financier is one of the terrorists who beneficiaries of the sanction’s procedures, he received 120 thousand dollars in one year. Al Subaiy name was related to the September 11th mastermind, Khaled Sheikh Mohammad.

Depending on the investigation, the Hill news website has put several points to be considered:

- The United Nations should investigate loopholes in the international sanctions procedures that allowed banks to deal with Al Subaiy.

- Qatar should declare to the international community the reason for letting Al Subaiy have banking facilities.

- Qatar should offer a guarantee that terrorists on the terrorism list do not get financial facilities.

- Qatar National Bank should conduct its own investigation and submit it to the international authorities.

- Qatar National Bank should provide details about all financial transactions related with Al Subaiy.

- The Qatar National Bank observation deputies should conduct special investigations.

The website concluded that urgent solutions are needed to exclude any possible trouble.

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