Petrodollars, Salafism & Terrorism News

IN THE NEWS: On Petrodollars & Panama Papers

CATF Reports Apr. 14, 2016, 1:42pm

Panama Papers data leak revealed that petro-states tend to heavily rely on secretive offshore accounts to evade scrutiny and to protect their positions of power.

Qatar: Testing the Boundaries as a U.S. Ally

CATF Reports Apr. 4, 2016, 7:06am

With Middle East security as a constantly evolving dynamic, manifestations of policy discord between the U.S. and Qatar have begun to take on palpable defense implications.

How Belgium’s Wahhabi Patrons Are Taking Europe Hostage

CATF Reports Mar. 25, 2016, 8:26am

Molenbeek has become a new European symbol of Muslim discrimination and radicalization. By funding mosques and schools from which Salafi teachings were spread in Belgium, Saudi Arabia has fostered extremism in the country.

Qatar’s Support of Libyan Rebels Further Unbalances a Teetering Region

CATF Reports Feb. 29, 2016, 5:01pm

Qatar’s support of Libya Independent Fighters Group (LIFG) should be seen as a dangerous force destabilizing post-Qaddafi efforts at nation building.

No Petrodollar Land Grabbing for Qatar in Brussels

CATF Reports Feb. 4, 2016, 4:04pm

An online petition to stop the construction of a mosque with 600-people capacity attached to the Qatari embassy voices concerns about Qatar’s efforts at land grabbing in the European capital.

Biting the Hand that Feeds You: Qatar’s Latest Ransom

CATF Reports Jan. 15, 2016, 1:48pm

Hezbollah linked group issues demands to free kidnapped Qatar citizens.

Funding Al Nusra Through Ransom: Qatar and the Myth of “Humanitarian Principle”

CATF Reports Dec. 10, 2015, 4:46pm

Since at least 2013, Qatar has financed Jabhat al-Nusra by paying hundreds of million dollars in return for hostages.

Qatar&Barclays' Big Game Hunting Leads to FCA Penalties

CATF Reports Dec. 2, 2015, 10:00am

On November 26, 2015 the FCA fined Barclays £72m for failure to oversee Barclays’ handling of the financial crime risks related to suspicious business dealings with Qatar.

Getting By With A Little Help From Our Friends

CATF Reports Nov. 23, 2015, 4:06pm

Qatar is the only country in the GCC that has failed to hold trials against any of their local nationals currently under U.S. and U.N. sanctions for financing terrorism. Yet, when questioned about their complicity in financing terror, Qatar claims that they’ve been helping.

Is Gaza Reconstruction Aid Rearming Hamas?

CATF Reports Oct. 6, 2015, 4:07pm

Late last month Israeli officials intercepted enough sulfuric acid to build three tons of explosives being smuggled into the Gaza strip labeled as paint thinner in a shipment of construction materials.

The State of Rampant Corruption and its Banks

CATF Reports Sep. 25, 2015, 4:44pm

Do Qatari banks uphold international anti-corruption standards?

Should QIB be judged by the company it keeps?

CATF Reports Sep. 10, 2015, 4:44pm

Qatar Islamic Bank’s financial performance has been strong over the last two years. Yet the bank has extensive track record of questionable connections and activities.

Terrorist Finance and Qatar: two more Terrorists added to the U.S. Sanction List

CATF Reports Aug. 24, 2015, 7:55pm

The US Treasury recently added two Qatari nationals to its list of terror financiers and called attention to lax attitude of the Qatari authorities toward such fundraising groups operating in the Gulf State.

Al Qaeda in the Arabian Peninsula and its Wide Net for Fundraising

CATF Reports Aug. 21, 2015, 10:03am

Al Qaeda’s Yemen-based franchise has prominent financial support from Saudi Arabia and Qatar and its key fundraiser is a representative of the U.S. backed Government in Exile.

Qatar Charity, Pioneer and Master of Terror Finance

CATF Reports Aug. 19, 2015, 12:57pm

Despite its noteworthy humanitarian achievements, Qatar Charity’s reputation as a “terrorism supporting entity” is well deserved.

Saudi Arabia and Iran: Patronage Disputes over Hamas?

CATF Reports Aug. 17, 2015, 4:54pm

King Salman is pursuing closer ties with Hamas to replace Iran as Hamas’ key financier.

Qatar, Money Laundering and Corruption

CATF Reports Jul. 30, 2015, 9:54am

While Qatar has enacted anti-money laundering laws in line with other member nations of the world financial community, their lack of action to enforce them has cast doubt on their dedication to combating illicit financial activity.