BusinessCompany NewsBrown freezes assets of suspected charity

Brown freezes assets of suspected charity

Gordon Brown has ordered a freeze on all assets belonging to the Al-Asqa Foundation, a charity purporting to support widows and orphans.

Link: Islamic charity cleared of terror finance links

The Treasury said the action had been taken in conjunction with the United States and other international allies following reports linking the organisation with terrorist activity.

The chancellor has instructed UK financial institutions to freeze any assets of the foundation. A request has also been made to all G20 countries to freeze the assets of the charity.

Brown said: ‘Recent terrorist atrocities in Saudi Arabia and Morocco show that we must bear down strong on terrorism and the people who fund it.’

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