Islamic State got up to $45M in ransom payments
UNITED NATIONS — The Islamic State group which controls a large swath of Syria and Iraq has received between $35 million and $45 million in ransom payments in the past year, a U.N. expert monitoring sanctions against al-Qaida said.
Yotsna Lalji told a meeting of the U.N. Security Council’s Counter-Terrorism Committee that an estimated $120 million in ransom was paid to terrorist groups between 2004 and 2012.
Kidnapping for ransom “continues to grow,” she said, as demonstrated by the money the extremist group calling itself the Islamic State has collected, up to $45 million in just the past year.
She said in recent years that al-Qaida and its affiliates have made kidnapping “the core al-Qaida tactic for generating revenue.” She pointed to an October 2012 recording in which al-Qaida leader Ayman al-Zawahri incites militants worldwide to kidnap Westerners.
Lalji said al-Qaida in the Arabian Peninsula, which operates from Yemen, received $20 million in ransom between 2011 and 2013, and al-Qaida in the Islamic Maghreb, which operates in North Africa, received $75 million over the past four years.
She said the al-Qaida-linked extremist groups Boko Haram in Nigeria and al-Shabab in Somalia also “have collected millions of dollars over the past years,” and the Abu Sayyaf militant group in the Philippines has received about $1.5 million in ransom.
According to the al-Qaida sanctions committee, although the media focuses on international hostages who have generated the largest ransom payments, the vast majority of victims are nationals kidnapped within their own country.