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November 17, 2002
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Sunday
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Ramazan 11, 1423
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Swiss freeze 23 Saudis’ accounts
By Our Correspondent
RIYADH, Nov 16: Swiss authorities have frozen 23 accounts of Saudi businessman Yassin Al Qadi and his relatives for alleged involvement in financing terrorism networks.
The local Al-Watan daily said the frozen cash assets of Al Qadi, who chairs Al-Mawfeq Philanthropic Society, amount to several million dollars.
US authorities allege that Al-Qadi’s charitable organization is a cover for financing Al Qaeda.
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