Terror group's assets frozen

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London Evening Standard
14 October 2004

Chancellor Gordon Brown today ordered financial institutions to freeze any funds held on behalf of the terror group which kidnapped and murdered Ken Bigley in Iraq.

Mr Brown told the Bank of England, acting as agents for the Treasury, to instruct all financial institutions to put a hold on "any funds which they hold for or on behalf of the group Jama'at al-Tawhid Wa'al-Jihad (JTJ)".

It will now be a criminal offence for any financial institution to deal in any way with funds held by JTJ and any existing funds cannot be released.

It was not immediately clear whether the Treasury knows if JTJ has any assets in the UK. The asset freeze, made under the Terrorism (United Nations Measures) Order 2001, makes it a criminal offence for any financial institution to hold or handle funds held by the group.
More:
http://www.thisislondon.co.uk/news/articles/14034355?source=PA

Great piece of legislation that can now be used to freeze Poodle's assets when he is charged with treason.