Pakistani Bomber Supplier Plans to Set Up Shop in U.S. Tax-Exempt Bonds for Fertilizer Plant
Byline: Rowan Scarborough , THE WASHINGTON TIMES
The Pakistani corporation that has refused the Pentagon's urgent appeals to control the flow of explosive materials to makers of bombs that kill U.S. troops is expanding its fertilizer manufacturing into the United States.
It also is being done with the help of U.S. taxpayers through the municipal bond market.
The Indiana Finance Authority has approved $1.27 billion in tax-exempt bonds for Midwest Fertilizer Corp. to build a nitrogenous fertilizer manufacturing plant in Posey County. Midwest is a startup company of the Fatima Group, a conglomerate with headquarters in Lahore, Pakistan.
Terrorists in Pakistan and Afghanistan use Fatima's fertilizer components to build homemade bombs - the No. 1 killer of American service members in Afghanistan.
Fatima's corporate …
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Publication information: Article title: Pakistani Bomber Supplier Plans to Set Up Shop in U.S. Tax-Exempt Bonds for Fertilizer Plant. Contributors: Not available. Newspaper title: The Washington Times (Washington, DC). Publication date: January 28, 2013. Page number: A01. © 2009 The Washington Times LLC. COPYRIGHT 2013 Gale Group.
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