Al Qaeda uses the ‘hawala’ network to make transfers without a trace, allowing jihadists to circumvent the system of monetary control. The money is sent to Al Qaeda through shops and call centers.
According to what Spanish officials told diplomats from the U.S. Embassy in Madrid, Spain stands as an important financial center for jihad network through ‘hawala’, as published on Friday By EL País. A fact that, as reported by Spanish officials, can not be avoided.
It is a system of informal Transfers of funds that allows Al Qaeda to operate throughout the world without leaving track of their movements.
In Spain there are various offices that operate in a covert global network. The system is based on trust. There are no accounting records to account for the details of operations.
Khalid Sheikh Mohammed, the self-proclaimed mastermind of the attacks of 11-S, has used the Spanish “halaw” network, reports the newspaper.
(TRanslated by T&P).