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Law & Policy

By Andy McCue

Published: Friday 08 July 2005


Name

Karen Challinor


Location

UK


Occupation

Company Director


Comment

'Clamping down on funding networks by preventing the use of multiple identities' ?

So instead of spreading the funds across their friends, sympathisers and families bank accounts all of which will be legitemate and lots less risky than trying to store money in accounts under a fictitious ID. ID cards will force the funds to be stored in a single account belonging to the paymaster, so the banks can notify the authorities of any large movements of funds and the special branch can swoop in and save the day.

How exactly will ID cards do this again ?

Also whats to stop the funds being banked offshore ?

Thats assuming they bother with banks and don't just stuff matresses with money.

Apparently the bombs in London were military grade explosives, sounds expensive to me but I doubt the money for it went through a british bank, I can't see terrorists paying by cheque somehow.



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