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U.S. Seizes Foreign Bank Funds Cautiously is a document available to read on EtoBox.

What is U.S. Seizes Foreign Bank Funds Cautiously about?

The US Justice Department has begun seizing millions of dollars from foreign banks with accounts in the US using new counterterrorism powers granted after 9/11. While the seizures have helped recover illicit funds, they have also caused tensions with allies and the State Department. State officials are concerned the seizures could be seen as arbitrarily imposing US law abroad or unrelated to terrorism. Over 15 accounts have been seized from banks in several countries. Justice officials acknowledge the diplo

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