The Governor of the Emirates Central Bank, Sultan Bin Nasser Al-Suweidy, revealed that 20 accounts in operating banks in the United Arab Emirates (UAE) were recently frozen. Al-Suweidy added that 13 personal and company bank accounts were frozen due to suspicion of the funds being connected to the September 11 attacks on the United States and seven other accounts were frozen due to money-laundering activities, reported Al-Hayat . These accounts are valued at no more than a few million dollars. The governor added that lawsuits are being filed against the account owners. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
