ISIS in Syria, a court heard.Tarek Namouz, 42, faces eight charges of entering into a terror funding arrangement between November 2020 and May 2021.Namouz, who appeared at the Old Bailey by video link from Wandsworth jail yesterday, is also accused of two counts of possessing terrorist information relating to videos.The defendant, who spoke only to confirm his identity, was remanded into custody until his next appearance.He has not yet entered any pleas.Prosecutor Jonathan Polnay told the court it is alleged the defendant sent "the proceeds of coronavirus bounce back funding loans to ISIS".Mr Justice Sweeney said it was a "serious case" which would be heard by Judge Peter Lodder, the Recorder of Richmond sitting at Kingston Crown Court.A plea and case management hearing was set for July 22, with a provisional two-week trial from November 21.The bounceback loans, which were fully guaranteed by the Government, were intended to compensate firms for reduced trade during the Covid lockdowns.For the latest breaking news and stories from across the globe from the Daily Star, sign up for our newsletter by clicking here.Bosses could apply for up to £50,000 or 25% of annual turnover.Banks were ordered to ease the usual checks.
