IS collected 45 mln dollars in ransom last year

Image
ANI New York
Last Updated : Nov 26 2014 | 2:10 PM IST

The Islamic State (IS) has received up to 35 to 45 million dollars in ransom last year, a United Nations expert monitoring sanctions against Al Qaeda said.

While addressing a meeting of the UN Security Council's Counter-Terrorism Committee on Monday, Yotsna Lalji said that about 120 million dollars were received by terror groups as ransom payments between 2004 and 2012, reported New York Post.

The figures showed that kidnapping for ransom by terror groups continues to grow, she said. Pointing to an October 2012 video in which Al Qaeda leader Ayman al-Zawahri urged fighters across the globe to abduct westerners, Lalji added that the terror outfit has made kidnapping "the core tactic" for generating revenue in recent years.

Lalji said that Al Qaeda-linked terror groups like Boko Haram in Nigeria and Al Shabab in Somalia have also collected millions of dollars in ransom over the past years.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 26 2014 | 1:58 PM IST

Next Story