September 6, 2002
Al Qaeda Gold Shipments Continue
The Washington Post reports financial officers of al Qaeda and its former Afghan supporters in the Taliban again recently shipped large quantities of gold out of Pakistan to Sudan, via the United Arab Emirates and Iran.
Officials speculate the gold was obtained when al Qaeda and the Taliban sold stashes of stored opium and heroin to drug traffickers in Central Asia. This has been a traditional way for the two groups to obtain gold and investigators in Pakistan say such fundraising continues to support the organizations.
Nevertheless, the city of Dubai in the UAE has long played host to one of the largest and most unregulated gold markets in the world, so it's not surprising the terrorist gold passed through it on the way to Sudan.
by Peggy Jo Donahue