G-7 Countries Jointly Freeze Assets of 10 Persons

On April 19, 2002, the Group of Seven countries announced they had jointly identified 10 persons and entities whose funds they would freeze due to suspected terrorist connections. 8 of the 9 persons named already had criminal charges. Four of the persons are alleged to be named already had criminal charge. The list includes Egyptian financier Ahmed Idris Nasreddi, who is the only person on the list not criminally charged. In November 2001, several countries froze the assets of the bank and several associates of Mr. Nasreddin, but did not name him. A resident of Switzerland, Mr. Nasreddin is accused of providing financing for an Al Qaeda connected mosque in Milan. He has denied any criminal involvement. The G-7 countries have not charged any of the Taqwa principals.