US seeks access to bank records as part of antiterror campaign
IRNA - Islamic Republic News Agency
New York, April 10, Kyodo/OANA/IRNA -- The United States is drawing up a plan to give the government access to numerous international banking records to trace and deter terrorist financing, the New York Times reported in its Sunday online edition.
The report said the plan is conceived by a working group within the Treasury Department to expand the government's database of financial transactions by gaining access to logs of international wire transfers into and out of American banks.
Such overseas transactions were used by the Sept. 11, 2001, hijackers to wire more than dlrs 130,000, the Times quoted US officials as saying, referring to the terrorist attacks on the World Trade Center in New York and the Pentagon near Washington.
"The initiative, still in its preliminary stages, reflects heightened concerns by administration and Congressional officials about the government's ability to track and disrupt financing for terrorist operations" by the al-Qaeda and other terrorist groups, the report said.
::IRNA No.050 10/04/2005 19:55 --End
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