In May of this year, I called on President Bush to impose sanctions on Saudi Arabia and Saudi Arabian charities for money laundering. Recent press reports have stated that individuals linked to the Saudi Arabian government provided funding for some of the September 11 hijackers while they were in the United States. Now it is being reported that Bush Administration officials have stopped efforts to freeze the assets of some Saudi Arabian charities which likely support terrorism. As long as al-Qaida retains access to a viable financial network, it remains a lethal threat to the United States and our interests around the world.
Continued inaction by the Bush Administration to stop the flow of money from Saudi Arabia to al-Qaida and other international terrorist organizations threatens the security of the United States and may put American lives at risk.