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October 19, 2012

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Man held in plot to blow up Federal Reserve

A Bangladeshi man snared in an FBI terror sting considered targeting a high-ranking government official and the New York Stock Exchange before authorities say he raised the bar by picking one New York City's most fortified sites: The Federal Reserve.

In a September meeting with an undercover agent posing as a fellow jihadist, Quazi Mohammad Rezwanul Ahsan Nafis explained he chose the Federal Reserve as his car bomb target "for operational reasons," according to a criminal complaint. Nafis also indicated he knew that choice would "cause a large number of civilian casualties, including women and children."

The bomb was phony, but Nafis' admiration of Osama bin Laden and aspirations for martyrdom were not.

FBI agents grabbed the 21-year-old Nafis armed with a cellphone he believed was rigged as a detonator, after he made several attempts to blow up a fake 454-kilogram bomb inside a car parked next to the Federal Reserve on Wednesday in lower Manhattan.

The bank in New York is one of 12 branches around the country that, along with the Board of Governors in Washington, make up the Federal Reserve System that serves as the central bank of the United States.

Dozens of governments and central banks store a portion of their gold reserves in high-security vaults deep beneath the building. In recent years, it held 216 million troy ounces of gold, or more than a fifth of all global monetary gold reserves.

As a result, the Federal Reserve is one of the most fortified buildings in the city, smack in the middle of a massive security effort headed by the New York Police Department, where a network of thousands of private and police cameras watch for suspicious activity.

Authorities emphasized that the plot never posed an actual risk. However, they claimed the case demonstrated the value of using sting operations to neutralize young extremists eager to harm Americans.

"Attempting to destroy a landmark building and kill or maim untold numbers of innocent bystanders is about as serious as the imagination can conjure," said Mary Galligan, acting head of the FBI's New York office. "The defendant faces appropriately severe consequences."

Prosecutors say Nafis traveled to the US on a student visa in January to carry out an attack. In July, he contacted a confidential informant, telling him he wanted to form a terror cell and that he admired "Sheikh 'O'" - a reference to bin Laden.

Nafis appeared in federal court in Brooklyn on Wednesday to face charges of attempting to use a weapon of mass destruction and attempting to provide material support to al-Qaida. He was ordered held without bail and did not enter a plea.




 

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