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Arabia
Bahrain to Regulate Collection of Money Through Charities
2003-12-30
Bahrain is to regulate the collection of funds through charities and their eventual distribution but the move is not a response to foreign pressure, a Bahraini official told AFP on Sunday. Bahrain will “put in place regulations related to the collection of donations” the official said. But he added that “at the same time, these regulations come as part of efforts to complete the regulatory environment in Bahrain and are not a response to external pressures.”
"No, no! Certainly not!"
Bahrain’s Cabinet agreed on Sunday to regulate the collection of funds from charities and how they are dispersed. These regulations were put in place “to confirm their (charities’) humanitarian objectives, for which they collect money,” BNA said. The official said that the new measures “aim to track money that is entering and leaving Bahrain,” and that “fighting terror and money laundering” are also main objectives. The new regulations are, in general, part of a normal operation because we are completing the regulatory infrastructure and modernizing laws and regulations in order to complement the situation around us.” The official denied that there were any indications that money from Bahraini charities was going to terrorist groups. “We don’t doubt any of our charities,” he said.
Posted by:Fred Pruitt

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