Muslim Brotherhood Leaders Acquitted Of Terrorism Charges In Italy


A European news portal is reporting that Italian terrorism charges against Muslim Brotherhood figures Youssef Nada and Ahmed Nasreddin have been dropped in Italy. According to the report, the two had been accused by police in Italy of funding terrorist activities on the basis of EU and UN blacklists compiled after 911 attacks but that subsequent investigation did not prove that they provided funds for terrorist groups. Nada, and his partner Ghaleb Ali Himmat, are best known for their role in establishing the infamous and now-defunct Al Taqwa Bank located “offshore” in the Bahamas. Numerous Muslim Brotherhood luminaries held shares in the bank, including the bank’s Sharia supervisor Sheikh Youssef Qaradawi and his family, which was supposed to conduct business in accord with Islamic principles. The bank was closed in 2000 after what Nada said were unforeseen developments related to the Asian financial crisis and a run on the bank caused by unfavorable publicity generated by accusations that the bank was funding Hamas. No documentation of the bank’s activities has ever been produced and Nada has refused to hand over the bank records which he said were moved to Saudi Arabia. Ahmed Nasreddin had financial dealings with Nada but was not involved with Al Taqwa Bank. Nada has claimed to the acting “foreign minister” for the Muslim Brotherhood and is known to have met with Saddam Hussein. Prosecution of Nada and Al Taqwa has also been dropped in Switzerland recently but Nada, Himmat, Nasreddin, and Al Taqwa remain on the U.S. and other lists of designated terrorists.

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