Billionaire on US list ‘shocked’

Published October 16, 2001

RIYADH, Oct 15: Saudi businessman Yassin Abdullah Al-Qadi, whose name appeared on the list circulated by the FBI for alleged links to the Al Qaeda organization, told the local press here that the inclusion of his name was without any evidence and tantamount to human rights violation.

“I don’t have any connections, be it close or distant, with Al-Qaeda or its leader Osama bin Laden, either directly or indirectly,” he told the Asharq Al-Awsat daily.

“I was shocked when my lawyers in Britain informed me that my name was in the list of the people and groups targeted in the campaign to freeze their assets.

I was amazed to see it. What compounded the issue was that they did not think it necessary to ask for any explanation,” he told the daily.

However, he confirmed that his assets have not yet been frozen.

Al-Qadi’s name was put on the list for running a charity, Mowafek Charitable Foundation, which was closed down six years ago. He was one of its founding members.

The organization had carried out charitable activities in Bosnia, where it had undertaken a number of educational and humanitarian projects.

Opinion

Editorial

GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...
Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...