Treasury Under Secretary for Enforcement Jimmy Gurule told lawyers this week that an executive order giving the government wide powers after 9/11 to track down and freeze terrorist assets has already proven to be a big success.
The Treasury Department’s Office of Foreign Assets Control has already blocked the assets of 210 entities and individuals and frozen $34 million in the U.S.
While that number may not seem staggering, Gurule said the Treasury’s overall strategy is to disrupt the ability of terror networks to raise funds and finance further attacks. "This isn’t a numbers game, focusing on how much money the USG blocked last week versus this week. Instead, by dismantling terrorist financial networks, we seek to prevent acts of terror and save human lives," Gurule told the D.C. Bar Association.
