WASHINGTON (AP) -- The Bush administration on Wednesday froze assets of Osama bin Laden's financial network in the United States, targeting two people and nine organizations suspected of aiding terrorists.
The effort was coupled by a law enforcement dragnet that executed search warrants at several U.S. businesses looking for evidence of terrorist financing. Officials said some arrests were possible.
In a global crackdown, the United States also asked allies to freeze assets that aid bin Laden and his al-Qaida organization in at least nine countries. Acting on the request, Swiss police detained two financiers allegedly linked to bin Laden.
In all, the names of 62 entities and people were added to a list of suspected terrorist associates targeted by President Bush in an executive order signed last month. The earlier list included 88 groups or people whose assets had been frozen.
Bush planned to announce the new cases at the Treasury Department later Wednesday.
The new list of targeted entities, provided by the Treasury Department, covers groups and people affiliated with two suspected bin Laden financial networks -- Al Taqua and Al-Barakaat. Both are informal, largely unregulated financial networks -- sometimes called hawalas -- that authorities say funnel money to al-Qaida through companies and nonprofit organizations they operate.
The Al-Barakaat organization has ties in several countries, including the United States. The order cites affiliated organizations in Minnesota, Massachusetts, Ohio and Washington state.
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