US organization warns international companies dealing with Qatar

US organization warns international companies dealing with Qatar

Arab and international Tuesday July 4, 2017
Follow-up / Sky Press: a

Organization of American companies within the United States and abroad warned against "anti-extremism project" to get involved in dealing with the State of Qatar, which is sponsoring terrorism and funded, according to the American Politico magazine reported.

The fight against extremism Project (ICAP) compiled a research database is the most comprehensive in the world about extremist groups and their support networks.

Chief Executive Officer of the Organization Mark Wallace sent a letter to the concerned companies in which he said: "The country has a long history in supporting extremism and terrorism, which extends to the financial and logistical groups classified as terrorist at the international level support, harboring leaders and financiers of terrorism."

According to Wallace, in his speech, which came in 7 pages of country behaviors, including funding for cross-border terrorism, money laundering and harboring terrorists, and the risks to the residents of Qatar staff.

He accused Wallace of Qatar to provide financial support to Hamas and al-Qaeda branch in the Arabian Peninsula, and the Taliban.

Politico reported that a copy of the letter sent last week to American Airlines, while we will send a copy of this week or early next week to 11 different companies around the world, including Siemens, Volkswagen, Credit Suisse and Royal Dutch, and Pericles, Shell and Acro Ootelz.

Each copy includes paragraphs related to the company concerned, but all copies focus on country support for terrorism.

The speech warned that these companies deal or partnership with the Qatari government, companies, and its affiliates may lead to "reduce the company's reputation and shareholder value", as well as imposing sanctions on the future of Qatar by the judicial agencies.

The letter said that "the legal, financial and commercial risks associated with the serious work with Qatar and reputation will continue for the foreseeable future - unless Qatar has changed its behavior fundamentally, and stopped explicitly clear support for terrorist groups and people of extremists."

And "Accordingly, companies must conclude that business opportunities and partnerships and relations with Qatar and its agencies are not worth the risk," according to the letter.

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