It is not enough we search out Osama bin Laden and his lieutenants in their caves in Afghanistan and stop those cells of terrorist activity around the world. We have to find a way to starve them of the assets and resources they need to succeed. The President made it clear this week that this has to be an immediate response by the United States. So as part of antiterrorism, we have created new authority to deal with money laundering--money laundering and transfers of money that have been used to finance the terrorist network. A little over a week ago, though, we came to learn that there was another source for the terrorist operation. That source is diamonds. It appears that in west Africa in particular, and in Sierra Leone, where terrorist organizations have taken control of the production of diamonds, they are not only using these diamonds to promote their terrorism in west Africa, but they are exchanging these diamonds in international commerce among terrorist groups.
Editor's note · Context
Discussing legislation to combat terrorism financing through money laundering and diamond trade.
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Thanks for this great honor and recognition. I’m glad to be part of an effective government unit.





