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.