Report: Al-Qaida Hurting for Funds
Posted on Oct 12, 2009
Although the Taliban apparently enjoys good funding these days, thanks in part to drug money, the BBC reported Monday that al-Qaida is struggling by comparison, according to “terrorist financing official” (?) David Cohen. —KA
According to Mr Cohen, the al-Qaeda leadership has already warned that a lack of funds was hurting the group’s recruitment and training efforts.
“We assess that al-Qaeda is in its weakest financial condition in several years and that, as a result, its influence is waning,” Mr Cohen said from Washington.
But he added that as the organisation had multiple donors who were “ready, willing and able to contribute” the situation could be rapidly reversed.