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50 shades of black

Europe Adds Saudi Arabia to Dirty-Money Blacklist

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The European Union snubbed Saudi Arabia by adding it to its blacklist of havens for money-laundering and terrorist financing Wednesday, joining the likes of Iran, Syria and North Korea. The list of 23 jurisdictions, which also includes Panama, Puerto Rico and American Samoa, updates an earlier, shorter list. The EU didn’t provide details on why the countries were blacklisted. EU banks and other institutions covered by the bloc’s anti-money-laundering rules must undertake greater due-diligence over financial operations with listed countries. EU Justice Commissioner Věra Jourová said the list was aimed at ensuring “dirty money from other countries does not find its way into our financial system.” She urged the listed countries “to remedy their deficiencies swiftly.” Saudi Arabia has been accused of helping or allowing the financing of terrorists since the attacks of Sept. 11, 2001. The Saudi government didn’t immediately respond to a request for comment.
 

https://www.wsj.com/articles/europe-adds-saudi-arabia-to-dirty-money-blacklist-11550075013?mod=e2tw

 

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Just now, 50 shades of black said:

(...) Saudi Arabia has been accused of helping or allowing the financing of terrorists since the attacks of Sept. 11, 2001. The Saudi government didn’t immediately respond to a request for comment.

 

... only took 18 years.

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According to EU, it's something we already know: They are a money laundering and terrorist funding center!

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This won't stop Europe or the US or many other countries from taking their money but the Europeans are an especially hypocritical bunch.

Btw, Saudi and Pak are #1 sources of terrorist support system including money, terrorists, and logistics.

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