Terror funding has ‘new face,’ warns Saudi Arabia's attorney general

Sheikh Saud bin Abdullah Al-Mua’jab
Updated 20 February 2019
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Terror funding has ‘new face,’ warns Saudi Arabia's attorney general

  • Financial crimes a rising threat to global economy, MENA forum told

JEDDAH: The changing dynamics of terror financing and money laundering posed a growing problem for countries and organizations seeking to halt their spread, a regional conference in Cairo was warned.

Saudi Arabia's Attorney General Sheikh Saud bin Abdullah Al-Mua’jab told the first Middle East and North Africa conference on countering terrorism that new forms of transnational terror funding and money laundering demanded greater cooperation between states and organizations.

The conference, organized by the Egyptian Public Prosecution Office, aims to bolster international unity in the face of the escalating threat of terrorist financing and money laundering operations.

“Saudi Arabia has spared no effort in combating these two crimes,” Al-Mua’jab said.

He said money laundering and terror financing are at the “forefront of global criminal phenomena,” and often complemented each other.

“One of the most important steps the world has taken through its international and regional systems is to engage in initiatives and agreements to combat terrorism financing and money laundering as the artery of the criminal body that strikes the global economy,” he said.

“Saudi Arabia is a key partner in the international coalition against the so-called Daesh terrorist organization and leads, together with the US and Italy, the Counter Daesh Finance Group. It has also implemented laws and procedures aimed at combating money laundering and terrorist financing,” he said.

Al-Mua’jab said the September 2018 report of the Financial Action Task Force (FATF) on Saudi Arabia had praised the Kingdom’s commitment to the recommendations of the group.

“Saudi Arabia has spared no effort in combating these two crimes,” he said. “It was one of the first countries in the world to be affected by terrorist acts. Its experience of combating the crimes has been exemplary.”

He said measures taken by the Kingdom included the 2017 “Law of Combating Crime and its Financing,” regulation of charities and the establishment of a standing committee to investigate money laundering.

The Kingdom’s Public Prosecution Office recently released a manual outlining steps to counter money laundering, including measures for seizure and confiscation, tracking of funds and details of international cooperation. 

The Saudi Arabian Monetary Authority has also issued a guidebook for Saudi banks to combat money laundering. 

A recent Saudi Cabinet meeting outlined strategic objectives for reducing the risks of the two crimes, he said.


Film cameras start to roll again in Damascus studios

Updated 48 min 58 sec ago
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Film cameras start to roll again in Damascus studios

  • The film and television business has been hit hard by a war that has killed half a million people

DAMASCUS: On a long-disused film set outside Damascus featuring mud houses, palm trees, alleyways and camels, actors in flowing robes are making a television series that the producers say is part of a gradual revival of their industry.
Like most other sectors of the economy in Syria, the film and television business has been hit hard by a war that has killed half a million people, forced millions from their homes and laid waste to swathes of the country since 2011.
Any films or TV series made by Syrian production houses during the war were rarely bought by the customers in the Gulf and elsewhere that once made up an important part of their market. Actors and directors moved abroad. Studios lay silent.
However, fighting around Damascus ended last year after a series of massive government offensives, reflecting a wider increase in state control around the country, and Syrian studios are starting to work again.
Ziad Al-Rayes, head of the television producers’ association in Syria, said it was again possible to film comfortably and effectively.
“Here you can find four seasons. Here you have mountains, desert, valleys and snow,” he said. It is cheaper to film in Syria than elsewhere, he added.
The television series being produced outside Damascus is about a Sufi cleric called Muhiy Al-Din bin Arabi, and is set in historic Makkah, the holiest city of Islam located in modern-day Saudi Arabia.
It is being made to air in the United Arab Emirates, the producers said. Television series are also being made for broadcast in Lebanon and in Syria’s two closest allies Russia and Iran, the producers’ association said.
The film set was part of a large studio lot that was unused for most of the war and shows signs of disrepair. A nearby set in the same studio is made up like an ancient Roman city.
During the war many famous Syrian actors left the country to work in other Arab states. One well-known actor, 41-year-old Qays Al-Sheikh Najib, is now filming for the first time in Syria for eight years, playing a photographer in a new series called A Safe Distance, which looks at how the Syrian war affected people.
“Syrian actors always tried to keep up their good level and they could maintain their level in the Arab world,” he said.