French arrest formidable financier of jihad

We’ve seen a several cases over the past year or two of individual Muslims living in the West who each raise anywhere from one to 15 thousands dollars a pop to fund jihad overseas. The fact that French authorities have referred to this suspect as a "formidable financier” suggests that this individual may have acquired $15K or much more, but time will tell.

This news development is also an indication that Al Qaeda in North Africa (AQIM) isn’t just receiving money through abductions for ransom. We have already seen indications that AQIM has enough money to send some of it to Al Qaeda itself. Could French Muslim money be passed through AQIM to Al Qaeda as well?

From the Associated Press, July 3:

French police arrest website administrator suspected of financing Al Qaeda
PARIS – French authorities have arrested the administrator of an extremist French website who is suspected of playing a key role in financing and recruiting for Al Qaeda and other terrorist groups from Pakistan to Spain, the Paris prosecutor’s office said Tuesday.

The man — whom prosecutors call an "operational vector and formidable financier of the bloodiest terrorist groups” — is being questioned Tuesday. He faces preliminary charges of planning terrorist acts and financing a terrorist enterprise, the prosecutor’s office said in a statement. (...)