Australian police foiled major terror bomb plot

The Sydney arm of an alleged Islamic terror network had stockpiled enough chemicals to make at least 15 large bombs, a newspaper reported today, as police sifted through evidence seized in a series of pre-dawn raids earlier this week.

The eight suspects arrested on Tuesday in Sydney and charged with conspiracy to manufacture explosives in preparation for a terrorist attack had registered a series of company names to justify large purchases of industrial chemicals, The Sydney Morning Herald reported, citing unidentified investigators.