|
The US Treasury on Wednesday decided to
freeze the assets of Maryland based Tamil
Foundation under Executive Order 13224. The
Tamil Foundation is suspected to be a front
organization of the LTTE. Executive Order
13224 targets terrorists and those providing
support to terrorists or acts of terrorism.
"The LTTE, like other terrorist groups, has
relied on so-called charities to raise funds
and advance its violent aims," Adam Szubin,
director of the Treasury's Office of Foreign
Assets Control was quoted as saying by the
U. S. Treasury.
"We will continue to aggressively target
attempts by any terrorist group to hide
behind charities, front companies, or name
changes to propagate terror against
innocents around the world."
According to the Treasury, the head of the
Tamil Foundation is also the president of
the Tamils Rehabilitation Organization,
which was named a Specially Designated
Global Terrorist in November 2007.
Over the course of many years, the Tamil
Foundation and the TRO have co-mingled funds
and carried out coordinated financial
actions.
Additional information links the Tamil
Foundation to the TRO through a matching
gift program and the common leadership of
the TRO and Tamil has facilitated these
activities.
Under E.O. 13224, any assets the Tamil
Foundation has under U.S. jurisdiction are
frozen, and U.S. persons are prohibited from
engaging in any transactions with the Tamil
Foundation, the U. S. Treasury said.
|
Contact Information: Send
mail to