HISTORIC PRESS RELEASE : Chancellor Orders Freeze on Terror Entity Assets [December 2004]

The press release issued by HM Treasury on 24 December 2004.

Chancellor Gordon Brown today instructed the Bank of England, acting as HM Treasury’s agent,  to direct all UK financial institutions to freeze any funds held for or on behalf of the entity, the Movement for Islamic Reform in Arabia (MIRA) immediately.

The action has been taken because the Treasury have reasonable grounds for suspecting that the organisation is acting on behalf of Sa’ad Al-Faqih, who was listed by the UN as an associate of Al-Qa’ida yesterday, 23 December 2004.