LONDON, (PRWEB) March 15, 2006
On February 3, 2006, it was reported that twenty-three Al-Qaida terrorists had escaped from the high security Sanaa jail in Yemen. 13 of the fugitives had been convicted of either bombing the USS Cole in 2000 or of the attack on the French Oil tanker Limburg off the Yemeni coast in 2002.
Of the 23 only one, Hamdi al-Ahdal appeared on official sanctions lists. OFAC, the UN and the Bank of England added him in October 2001 one month after World-Check placed him on its database. At a later stage the Yemeni authorities reportedly amended their list of escaped prisoners to 22, stating that al-Ahdal was still safely in custody and his trial would proceed under tight security.
World-Check had profiled 14 of the 22 Al-Qaida operatives prior to the end of 2005. One of the fugitives Fawaz al-Rabia reportedly the mastermind behind the bombing of the Limberg was profiled by World-Check in February 2002 - a full eight months prior to the Al-Qaida attack on the French Supertanker
“We are extremely proud of our track record on being ahead of risk and especially on providing the financial community with must have information on terrorist entities,” said David Leppan, World-Check’s CEO and Founder. “Terrorism has, since day one, been a key part of World-Check’s offering and we are delighted to be the industry leader in the provision of such open-source intelligence.”
Once again World-Check has proven the value of its open source intelligence.
World-Check assists institutions in mitigating reputational, financial and compliance risk by monitoring and correlating information on high-risk entities. World-Check provides risk-reduction technology to 1,600 institutions in more than 120 countries.
World-Check technology allows financial institutions to very efficiently screen their new and existing customers for risk on a routine basis. Recognized as an industry pioneer, World-Check has revolutionized and “standardized” global Know Your Customer (KYC) and Politically Exposed Person (PEP) screening.
Today, 43 of the world’s top 50 banks, and hundreds of regulatory and government agencies use World-Check’s global list of heightened-risk individuals and organizations.
World-Check, reducing risk through intelligence
For more information, please visit http://www.world-check.com