On Sept. 3, 2008, the European Union's Court of Justice ruled that funds of charities suspected of having connections with terrorism cannot be seized without the owners receiving a fair hearing. The judgment overturned a 2001 decision by EU officials to freeze the assets of a Saudi businessman and a Sweden-based charity, Al-Barakaat International Foundation. The court ruling declared, "The right to be heard and the right to effective judicial review of those rights were patently not respected." The decision does not remove individuals or organizations from the watch list, but forces the EU to inform those on the list that their assets have been seized. Currently, the EU has over 370 people and 60 organizations on a terrorism watch list.