Today the United States took its second joint action with the Kingdom of Saudi Arabia to
publicly identify and freeze the assets of terrorists and their supporters. They jointly “designated” Wa’el Hamza Julaidan, an associate of Usama bin Laden and a supporter of al-Qaida terror.

According to a release from the US Treasury Department, the Kingdom of Saudi Arabia has forwarded this name to the United Nations Sanctions Committee established by UNSCR 1267.

The designation today follows a series of joint actions of the U.S. with its allies in the war on terrorist financing; this has included actions with the EU, the G-7 countries, Italy and, once before, Saudi Arabia. It also marks the 236th designation under President Bush’s Executive Order aimed at freezing the assets of terrorists and their supporters – Executive Order 13224 – representing over $112 million in terrorist related assets blocked around the world.

*”Today’s action is important in that it demonstrates the commitment of both the United States and Saudi Arabia to go after high impact targets in our war against terrorist financing,”* said Treasury Under Secretary for Enforcement Jimmy Gurule. *”We have received unprecedented cooperation from our friends abroad, and today’s action is indicative of that synergy and commitment to this issue.”*