A massive, ever-growing database used by the world’s largest banks to track terrorism financing and other crimes has compiled millions of names from unverified sources – including scandal sheets and search engine results.
The World-Check database adds 25,000 names every month to its massive risk database, used by 49 of the world’s 50 largest banks to monitor possible financial, regulatory and reputational liabilities. Over three million people are currently on the list – many not convicted of any crime, some not even aware they are suspected of one.
Getting on the list is easy – employees scour publicly available sources, from court records to search engine results, and apparently make little effort to verify what they find. An investigation by Al Jazeera found hundreds of thousands of Muslim names, some seemingly absurd. In one example, retired Egyptian football player Mohamed Aboutrika was designated a “terrorist” after the Egyptian government added him to its domestic terror list for supporting the country’s first democratically-elected president, Mohamed Morsi, after the latter was overthrown. (RT)