Friday, August 11, 2006

Can the UN "grant" anything?

According to the Daily Mail, the Bank of England was acting with powers "granted" by the United Nations when it froze terrorist assets:

Today the Bank of England named and froze the assets of 19 of the 24 air terror suspects arrested. The bank was acting under the instruction of Chancellor Gordon Brown and on the advice of the police and security services.

It acted under powers granted by the United Nations to tackle the financing of terrorism in the wake of the September 11 2001 attacks. Its action means it is a crime to make their money available without a licence from the Treasury.

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