70 Year Magazine Archive

The Saudi Pipeline

by Joel Mowbray

Petro-dollars, Palestinian terror—and a U.S. blind eye

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MORAL clarity, it seems, is always in danger when the U.S. foreign-policy establishment gets around to addressing the issue of Saudi Arabia. Documents of indisputable authenticity, captured by Israel during its West Bank incursion earlier this year, show in stunning detail how Saudi petro-dollars are fueling Palestinian terrorism; to which documents the U.S. State Department is turning a very deliberate blind eye.

The Bush administration has endeavored to cut off funding for terrorist networks by freezing assets and blocking terrorists’ access to banks in nations allied to the U.S. It is apparent, however, that some Saudi cash was transferred to Palestinian terrorists by way of the Cairo-Amman Bank in Egypt—which is to say, it passed through two nations that are our nominal allies. How could funds headed for known terrorist organizations have moved unchecked through systems in these countries? Some of the Saudi funds actually reached a Hamas-allied group, the Tulkarm Charity Committee (TCC), by going through banks in an even more surprising place: the United States. Financial binders found at TCC’s West Bank offices showed Saudi fund transfers through both Chase Manhattan Bank and Citibank in New York State.

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