FROM THE ARCHIVE

Bush orders terrorist assets frozen

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TUESDAY, SEPTEMBER 25, 2001

President Bush on Monday signed an executive order aimed at cutting off financial support in the United States for Osama bin Laden and 26 groups and individuals suspected of supporting terrorism.

The list includes individuals and organizations from around the world, including Africa, the Middle East and Central Asia. The U.S. did not say how much the groups are believed to be worth.

U.S. financial institutions will not be allowed to transfer money to any of the groups or individuals. The funds will be probably held in escrow until the ban is lifted, said banking officials.

Although the list included some names not previously listed by the U.S., it did not include the Hamas and the Hezbollah, two groups which have claimed responsibility for terrorist attacks and suicide bombings in the Middle East.

Get the Announcement:
Text | Video | Audio

Get the Order:
BLOCKING PROPERTY AND PROHIBITING TRANSACTIONS WITH PERSONS WHO COMMIT, THREATEN TO COMMIT, OR SUPPORT TERRORISM (The White House 9/24)

Get the Story:
Bush Moves to Cut Terrorists' Support (The Washington Post 9/25)
Bush's Target List Draws Path to Bin Laden's Backers (The Washington Post 9/25)
Past Efforts to Stop Money Flow Ineffective (The Washington Post 9/25)
Bush Freezes Assets Linked to Terror Network (The New York Times 9/25)
27 Whose Assets Will Be Frozen Are the First of Many, an Official Says (The New York Times 9/25)
List of 27 (The New York Times 9/25)
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