Terrorist Assets Report: Calendar Year 2003 Twelfth Annual Report to the Congress on Assets in the United States of Terrorist Countries and International Terrorism Program Designees   [open pdf - 51KB]

"The U.S. Government has used economic sanctions as a tool against international terrorist organizations since 1995, marking a significant departure from the traditional use of sanctions against hostile countries or regimes. Following the events of September 11, 2001, President Bush issued Executive Order 13224, significantly expanding the scope of U.S. sanctions against international terrorists and terrorist organizations. The combination of innovative programs targeting international terrorist organizations with those targeting terrorism-supporting governments represents a wide-ranging assault on international terrorism, its supporters and financiers. […] Implementation of programs targeting international terrorist organizations has resulted in the blocking of approximately $6 million in assets in the United States in which there exists an interest of an international terrorist organization or other related designated party. Almost $2 billion in assets of the seven designated state sponsors of terrorism are located within U.S. jurisdiction. Of that amount, more than $1.5 billion are blocked pursuant to economic sanctions imposed by the United States. Unless otherwise noted, this report provides data for the calendar year ending December 31, 2003. […] Section 304 of Public Law 102-138, as amended by Public Law 103-236 (22 U.S.C. § 2656g), requires the Secretary of the Treasury, in consultation with the Attorney General and appropriate investigative agencies, to provide an annual report to the Congress concerning the nature and extent of assets held in the United States by terrorism-supporting countries and organizations engaged in international terrorism. The Department of the Treasury submitted its first Terrorist Assets Report to the Congress in April 1993. The current report, covering calendar year 2003, is the twelfth successive Terrorist Assets Report."

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U.S. Department of Treasury: http://treas.gov/
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