Posts Tagged ‘bin Laden group’

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Osama’s last bequest: $29m for jihad

March 15, 2016

Authorities have released Osama bin Laden’s last will and testament. It was taken from his hideout in Pakistan. It is interesting that he intended to leave most of his money to family members with the assumption that they would carry out his work. We had been told elsewhere by defenders of Saudi Arabia that the Bin Laden family construction company and the Bin Laden relatives have nothing to do with Osama. Perhaps not.  Remember that Osama’s sister-in-law, Carmen bin Laden, once said, “Bin Ladens never disowned Osama; in this family, a brother remains a brother, no matter what he has done.”

The other interesting point is that this serves as further evidence that Osama bin Laden did not exhaust his personal wealth for Al Qaeda operations. He used other people’s money for that. Neither the Sept. 11, 2001 attacks nor the Afghan mujahideen’s fight against the Soviets were funded from bin Laden’s private accounts, contrary to the public image he liked to present.

…I, Usama Bin Muhammad ‘Awadh Bin ‘Abud Bin Laden, have signed below. In regard to the money that is in Sudan, it is about 29 million dollars. According to the mediator, I have received one-million one-hundred thousand in Sudan, eight-hundred thousand in Jalalabad, and then about one-million two-hundred fifty-thousand in Qandahar. I received twelve million dollars from my brother Abu Bakir Muhammad Bin [Laden] on behalf of Bin Laden Company for Investment in Sudan. I hope, for my brothers, sisters, and maternal aunts, to obey my will and to spend all the money that I have left in Sudan on Jihad, for the sake of Allah. Also, I need you to take 1% from the total and give it to Shaykh Abu Hafs al-Mauritani. By the way, he has already received 20,000-30,000 dollars from it, he said. I promised him that I would reward him if he took it out of the Sudani Government…

 

 

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Of money and fundamentalism: news links

July 16, 2015
  • Man sentenced to 7 years for paying $2,450 toward a suicide bomb that wounded 300… more from Jihad Watch>>
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Bin Laden family on top 10 Arab rich list

December 27, 2012

Osama Bin Laden’s family places #7 among the fifty wealthiest businessmen and families of the Arab world for 2012 according to Arabian Business.  The Bin Ladens continue to be awarded lucrative public contracts by the government of Saudi Arabia—our “ally” in the global war against terror.

Unlike the Saudi oilmen who made their wealth directly from petrodollars, the Bin Ladens have always benefited from Saudi Arabia’s second largest business—the hajj—and the construction and logistical support the massive annual pilgrimage requires.  (Of course, the money for the public contracts wouldn’t be there without the kingdom’s oil wealth.)

Arabian Business explains the family’s rising fortunes:

As Saudi government spending keeps rising, so do the fortunes of the Gulf’s most prominent family construction empire. Last year, the Binladin Group won deals to construct Prince Alwaleed’s Kingdom Tower and the expansion of the King Abdulaziz International Airport in Jeddah. Between then the contracts are worth over $20bn. Adding to those deals was a bumper contract to help build the first phase of the Haramain railway link.

The family fortune is based on a construction business that paid immense dividends when decades ago it was awarded contracts for major renovations at Mecca and other religious buildings in Saudi Arabia and abroad. Founded by Mohammed Binladin, the family also built several palaces in Riyadh and Jeddah for the royal family and carried out restoration work following an arson attack on Jerusalem’s Al Aqsa Mosque in 1969. Salem, Mohammed’s eldest son, ran the empire left behind by his father upon his death in 1968 until he died when his private plane crashed in Texas in 1988.

Mohammed left 54 sons and daughters from several marriages…

And we’ll always remember the most famous of his sons, for whose victims this wealthy family should be paying restitution.

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Sheikh: preventing terror finance violates rights

September 25, 2012

Sheikh Saleh bin Abdulrahman Al-Hussein, formerly the chief of the presidency of Saudi Arabia’s two holy mosques and a member of the Senior Ulema Council, has written a 1,600 word opinion piece in the Arab News defending the transfer of funds overseas through “charity” from Saudi Arabia.  Hussein asserts that such “charity” is a personal freedom and human right.

In the piece, Sheikh Saleh Hussein slams a 2003 U.S. congressional hearing, which he claims had no facts, just emotional smears, about Saudi charities involved in financing terror.  He blames that hearing, subsequent arm twisting at the United Nations, and traitorous reporting by local Gulf journalists, for giving Saudi Arabia a bad reputation as the world’s terror financial hub.

If the evidence of Saudi perfidy is all based on false or exaggerated rhetoric, can the sheikh please explain the following events?

  • Why the Saudi International Islamic Relief Organization (IIRO) branch in the Philippines, which was designated by the U.S. as a terrorist entity, was founded by Osama Bin Laden’s brother-in-law, Muhammad Jamal Khalifah—a senior Al Qaeda leader?
  • Why Saudi Arabia conceded that Al Haramain (a charity that operated under the control of the government of Saudi Arabia) branches in Bosnia, Indonesia, Kenya, Tanzania, and Pakistan were terrorist entities?
  • Why the former head of Al Haramain in the U.S. was convicted last year to 33 months in prison for funding jihad in Chechnya?
  • Why the founder of Saudi Arabia’s largest private bank (and the Sunni world’s largest sharia bank) was named in the infamous “Golden Chain” list of 20 financial benefactors of Al Qaeda, and why Saudi Arabia has resisted all legal attempts to access his bank’s records?
  • Why Saudi Arabia sponsors telethons to raise money for suicide bombers?
  • Why the chief of the Bangladeshi terrorist organization JMB says his funding sources include the Saudi-based Muslim World League and the World Assembly of Muslim Youth?
  • Why the Saudi government continues to award public contracts to the Bin Laden family for construction projects?

Oh, and one more question.  Sheikh Hussein concludes his commentary by invoking a verse from the eighth chapter of the Koran (“The Spoils”), a sura which addresses taking the spoils of war from conquered infidels.  If the sheikh is truly interested in defending the principle of charity toward the poor, this is a quite remarkable passage to select!

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L’énergie nucléaire for Saudis & bin Ladens

February 22, 2011

Ah, another Gaullist day in Arabia.  The French company Areva is “excited” to have signed a deal to furnish Saudi Arabia with nuclear power.  Areva, which is 90 percent government-owned, is including a solar power deal for the sunbaked desert kingdom for good public show, too. 

Behind the convenient cover story of a depleting energy supply and a desire to diversify civil energy sources, the Saudis are probably pursuing the technology as a counterweight to Iran’s nuclear program.  On one hand, the initiative may be a beneficial deterrent to Iran.  On the other hand, considering the rising tide of Islamist protests against the existing regimes of the Islamic world, selling technologies to a “rational” actor like the Saudi royal family could prove to be disastrously shortsighted.

Oh, and the bin Laden Group will also be a co-partner in the power plant construction, but that is but a petit detail, oui?  Read it all, mes amis, from The National last month (with hat tip to Crossroads Arabia):

Saudi Binladin Group and the French nuclear reactor designer Areva are to sign an agreement on nuclear and solar power, advancing Saudi plans for diversifying the kingdom’s electricity supply.

Anne Lauvergeon, the chief executive of Areva, announced the prospective deal in Riyadh on Sunday, saying the companies would sign a partnership agreement to develop both types of power. She declined to give further details.

“We are in a major energy evolution in the region,” Ms Lauvergeon told a conference in the Saudi capital. “In the past it was oil and gas, and that was it. Now it’s oil, gas, renewables and nuclear.

“We are very excited about this evolution and we would like to be a long-term partner of these developments.”

“We think that on solar thermal in Saudi Arabia there’s an important market and we are partnering with Saudi Binladin Group to develop this,” Ms Lauvergeon added on the sidelines of the conference.

A spokeswoman for Areva, reached at the company’s Paris headquarters yesterday, said any deal signed in Saudi Arabia would mainly concern solar power. She said Ms Lauvergeon travelled to Riyadh in response to Saudi requests for discussions on possible solar projects and advice on the direction of the kingdom’s nuclear programme.

Saudi Arabia has responded to soaring power demand as it pursues industrial development by burning oil in its power plants to supplement an insufficient gas supply. As a result, air quality in its cities has deteriorated, while power cuts remain frequent in summer.

Moreover, Saudi Arabia has burnt increasing amounts of crude oil in its power plants in the past two years, limiting foreign revenue from oil exports as the kingdom has also sought to comply with the output cuts on which Opec agreed in late 2008. It is the only major economy dependent on oil for more than 50 per cent of electricity supplies.

Hashim Yamani, the president of Saudi Arabia’s King Abdullah Atomic and Renewable Energy City, said power diversification would free up more oil for export.

“Saudi will need to invest upfront in nuclear energy but the oil saved will contribute significantly to the costs,” Mr Yamani told Reuters. “Nuclear and renewable energy will reduce dependence on fossil fuels by 2050”…

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More Saudi contracts for bin Laden group

February 11, 2011

The bin Ladens are the masters of winning construction contracts at the holy sites of Islam.  A spirit of money, growth, and Islamism characterizes the family, and the bad apple didn’t fall far from the tree.  From ANSAmed (h/t GoV) on Feb. 3:

ROME — The contracts for the construction of four railway stations in Saudi Arabia were awarded yesterday to the Bin Laden group and the Saudi company Oger. The news was reported by sources in the Saudi Railway Board, quoted yesterday by newspaper Assharq Al Awsat.

The stations are part of the high-speed train project in the cities of Mecca, Medina, Jeddah and the Economic City of King Abdallah. The four stations will cost around nine billion Saudi riyal, the equivalent of 2.4 billion USD. The train project will link the holy city of Mecca to Medina, and Jeddah to the Economic City of King Abdallah, over a length of 450 km. The trains will move an estimated 20 million passengers per year.

The Bin Laden group will build the station of Mecca, the largest one, and the station of Medina, the smallest of the four.

Put your mind at ease.  We are told that the bin Laden group, the bin Laden family, and their Saudi royal friends have long since distanced themselves from Osama.  However, according to another source

Investigation by U.S. intelligence agencies and journalists of bin Laden family ties to Al-Qaeda and Osama bin Laden raised questions about the authenticity of the family’s claim of financial and emotional distance from the world’s most wanted terror leader. A number of experts like Vincent Cannistro, a former CIA counter-terrorism specialist, assert that while some members of the bin Laden family have disowned Osama bin Laden in a complete sense, other factions have not. Carmen bin Laden, a sister-in-law of Osama, told Der Spiegel that “Bin Ladens never disowned Osama; in this family, a brother remains a brother, no matter what he has done.

It would be unthinkable for public funds from a Saudi contract to enrich the bin Laden family and then be funneled to Osama.  Except that’s exactly the first thought that comes to most of our minds when we first read the article above.