Taliban gains money, al-Qaida finances recovering
Monday, June 22, 2009
Sunday, June 21, 2009
PESHAWAR, Pakistan (AP) — As the Taliban gains power in Afghanistan and Pakistan, its money is coming mostly from extortion, crime and drugs, the AP found in an investigation into the financial network of militants in the region. However, funding for the broader-based al-Qaida appears to be more diverse, including money from new recruits, increasingly large donations from sympathizers and Islamic charities, and a cut of profits from honey dealers in Yemen and Pakistan who belong to the same Wahabi sect of Islam.
"With respect to the Taliban, the narco dollars are a major if not majority of their funding sources, and I think add in there as well extortion and kidnapping," said Juan Carlos, a former U.S. National Security Council adviser on terrorism who now works at the Center for Strategic and International Studies in Washington. "With al-Qaida I think it is a mixed bag. They draw benefits from the Taliban but they are not relying wholesale on narcotics. They still rely on sympathetic donors and to a certain extent charities."
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Labels: Al Qaeda, Al Qaeda's Financial Support, Taliban, War on Terror
posted @ 11:21 AM,
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