Business Services Industry
CBA caught in terrorism funding alert.
Australasian Business Intelligence, September, 2006
Byline: Morgan Mellish
Sep 26, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The Commonwealth Bank of Australia (CBA) claims to be powerless over a controversial charity's bank account. CBA asserts that it cannot close the Indonesian account of Medical Emergency Rescue Committee, also known as MER-C, because no government has officially named it as a terrorism-linked organisation. MER-C provides medical aid to Islamic areas afflicted by violence, and also directs some donations to the families of jailed Muslim terrorists. MER-C claims to help people of all ...
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