n an underground banking system based on trust whereby money can be made available internationally without actually moving it or leaving a record of the transaction
terrorists make extensive use of hawala
Somalia Facing Potential Humanitarian Disaster After Crucial Banking System Discontinued By Barclays (NYSE:BCS) Somalia could be facing a humanitarian crisis after Britain’s Barclays PLC (NYSE:BCS) decided to stop aiding the informal banking practices that enabled money transfers into the country from the 1.5 million Somalians living abroad. Hawala’s, as they are known, act as a lifeline for more than half of the impoverished 10 million people living in the lawless East African country, amounting to about ...
Aug. 26, 2013 - International Business Times
Mohammad Najibullah in Zawya Afghanistan is a country that is built on personal connections and trust. If someone trusts them, he will do business with them,said Haji Najib, the chairman of Kabul's hawala association. "It is the same for hawala."
Lalu Prasad in India Today If there's proof of anyone's involvement in the hawala transactions, then appropriate action should be taken. The decision to make Koda the chief minister was taken collectively,said Lalu.
Jack Cafferty in Taipei Times The scene showing the hero in an underground den full of Muslims dealing with hawala transactions is highly objectionable. It makes it seem that our community is involved in such illegal acts against the state and the people. We cannot accept... Hyder Ali http://www.google.com/url?q=http://en.wikipedia.org/wiki/Hyder_Ali&source=dictionary&usg=AFQjCNFUOAtNW_ExMAiYj0SrwrAw2UU7Hg AKI http://www.google.com/url?q=http://www.adnki.com/index_2Level_English.php%3Fcat%3DPolitics%26loid%3D8.0.427830534%26par%3D0&source=dictionary&usg=AFQjCNHsV1It500KnR75kmfm-k5Lk9CFZg Jun 21, 2007
45879 62364 hawk Cafferty said: Well, I don't know if China is any different, but our relationship with China is certainly different. We're in hawk to the Chinese up to our eyeballs because of the war in Iraq, for one thing. They're holding hundreds of billions of...