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Russia's domestic security chief last Wednesday urged tough penalties for banks that funded terrorism and organized crime. "The Federal Security Service (FSB) deems it necessary to toughen the punishment for credit organizations and their top managers for financing terrorist activities and organized crime," FSB Director Nikolai Patrushev said in an interview for the Thursday edition of the government daily Rossiiskaya Gazeta. Patrushev called on the Central Bank of Russia to be more responsive to the signals sent by law enforcement agencies. "It is inadmissible to earn money on blood," he said. Patrushev said eliminating terrorism's financial channels was the FSB's top priority. Patrushev said special services and law enforcement agencies had to be given the authority to control financial flows and to freeze and arrest suspicious accounts. The RIA Novosti news agency reported that he also said financial and credit organizations should be obliged to cooperate with the special services. Patrushev cited U.S. law as an example, which makes it possible for law enforcement agencies to obtain information from banks and financial institutions when international terrorism is involved. All rights reserved. © 2005 United Press International. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by United Press International.. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of United Press International. Related Links SpaceWar Search SpaceWar Subscribe To SpaceWar Express
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