"Riyadh is Islamabad's closest ally and the ISI has very strong links with its Saudi counterparts. The Pakistani community in the Kingdom and the Gulf states has long been a major source of the LeT's finances," he said.
If the Kingdom is now ready to act against the LeT then the group will face some financial trouble, Ridel said. "But not yet trouble at home. More than three years after the attack, the LeT has been sanctioned by the United Nations and the United States but has paid no serious price for its attack in Mumbai. It operates freely in Pakistan and has continuing connections with the Pakistani intelligence service and army," he said.
Riedel added that LeT founder and leader Hafeez Saeed has a $10 million bounty on his head from the US, but regularly appears on Pakistani television and routinely addresses large anti-American rallies "organised with the help of the ISI".
"The LeT has a global presence, with cells throughout South Asia, the Persian Gulf, and into Europe, Australia and North America.
"With the Al Qaeda on the ropes, the LeT, with the help of its Pakistani backers, is now probably the most dangerous terror group in the world," he said.
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