Arab royal families, ‘wealthy princes’ must stop financing ISIS – British MPs

Britain’s Foreign Affairs sub-Committee says the Gulf States must apply legal barriers to the private financing of Islamic State (IS, formerly ISIS/ISIL) by unidentified members of royal families in the region, particularly Saudi Arabia.

The financial operations of royals in the Persian Gulf are vague, the committee concluded, recommending the Foreign Office “work with local partners in the region to ensure they have the capacity and resolve to rigorously enforce local laws to prevent the funding of Islamic State, so that the group cannot benefit from donations in future.”

Assessing the likelihood of Sunni royal families directly funding terrorist groups, Foreign Office Minister Tobias Ellwood called the issue “very opaque.”

Full story: rt.com