Monday, June 26, 2006

JIMMY GURULE: Well, one example, the president stated this in his statement in the Rose Garden today. Hamas receives money from the Holy Land Foundation with respect to schools. There are schools that are supported by the Holy Land Foundation, and these schools encourage children to engage in terrorist activities specifically suicide bombing activities. So that's one example.

Another example is the money that is raised by the Holy Land Foundation is used to support the families of suicide bombers that engage in suicide terrorist attacks, an insurance policy, if you will, for the survivors of terrorist attacks by suicide bombers.

MARGARET WARNER: Now, are you able to track that? Are you actually able to track money from the Holy Land Foundation to Hamas, to actually these families, or are you saying the Holy Land Foundation, let's just take that example directly supports these families?

JIMMY GURULE: We're able to track money from donors to bank accounts, from bank accounts to the Holy Land Foundation back to the Holy Land Foundation to schools that support terrorist activities.

We do this through the use of the Bank Secrecy Act, the database that is administered by the Financial Crimes Enforcement Network, which is an agency within the Treasury Department.

We are able to do this through the Foreign Asset Tracking Center, which is an agency within the Treasury Department as well, so there are several vehicles, several mechanisms that we use in order to track terrorist assets.