US puts $12M bounty on Iran-based al Qaeda money men, freezes their assets

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Separately, the Treasury Department announced Thursday that it was freezing any assets al-Harbi may hold under U.S. jurisdiction and prohibiting Americans from engaging in transactions with him. Al-Fadhli's assets were frozen in 2005 on suspicion he provided support to Iraqi insurgents fighting U.S. and multinational forces.

"Today’s action, which builds on our action from July 2011, further exposes al-Qa’ida’s critically important Iran-based funding and facilitation network," Under Secretary for Terrorism and Financial Intelligence David Cohen said in a statement. "We will continue targeting this crucial source of al-Qa’ida’s funding and support, as well as highlight Iran’s ongoing complicity in this network’s operation."

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