[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Saturday, 21 June, 2003, 18:44 GMT 19:44 UK
Pakistan freezes Bin Laden cash
By Paul Anderson
BBC correspondent in Islamabad

Bank accounts and assets of Osama Bin Laden and several Pakistani organisations suspected of backing terrorism have been frozen by Pakistani authorities.

Osama Bin Laden and Ayman al-Zawahri
Funds of al-Qaeda leaders Bin Laden and Zawahri have been found
A list of the 15 organisations and individuals whose assets were frozen was presented to the Pakistani parliament and published in the newspaper, the News.

The report in the News said 640 million rupees (about $10m) belonging to suspected terrorists and their organisations had been frozen.

Among them was just under $2,000 held in a bank in the western city of Peshawar by Osama Bin Laden.

Pakistani officials were not available for comment.

Bin Laden, who is a multi-millionaire, lived in Peshawar, close to the Afghan border, in the 1980s, helping the CIA-backed mujahideen struggle against Soviet forces in Afghanistan.

The United Nations passed a resolution after the suicide airliner attacks in America on 11 September 2001 obliging nations to freeze the assets of terrorist suspects.

Pakistan has submitted the details to international watchdogs in the United States.

Small sums

The disclosure came as President Musharraf left Britain for the United States for a summit early next week with George W Bush.

He has been praised for Pakistan's contribution to the so-called war on terror, rounding up hundreds of al-Qaeda and Taleban suspects.

Accounts belonging to several banned Pakistani militant organisations were also frozen but again the sums were paltry.

They include those fighting in Indian-controlled Kashmir, Jaish-e-Mohammad, and Harkat ul-Mujahideen, as well as several Arab aid organisations.

Four dollars was found in a dormant bank account held by the man described as al-Qaeda's number two, Ayman al-Zawahri.


News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia
UK | Business | Entertainment | Science/Nature | Technology | Health
Have Your Say | In Pictures | Week at a Glance | Country Profiles | In Depth | Programmes
Americas Africa Europe Middle East South Asia Asia Pacific