An Australian man who was taken hostage by the Jihadist terrorist organization Abu Sayyaf was released when his family paid a $94,000 ransom to the group. Reportedly, the original ransom demand was for $2 million. Ransoms are a popular means by which Jihadists raise money around the world. http://www.mindanaoexaminer.com/news.php?news_id=20130616023823
An interesting story from Government Security News on a new wrinkle on how Jihadists raise money: A phone hacking ring with ties to Al Qaeda-related groups in the Philippines and Somalia have targeted small businesses in New York, stealing hundreds of thousands of dollars worth of overseas long distance calls. The ring is exploiting gaps [...]
Abu Sayyaf kidnappers have set a four-week deadline to be paid or they will behead Australian Warren Rodwell. It should be noted, though, that the original ransom demand of A$2 million has been reduced to A$460,000. http://stayingsafeabroad.blogspot.com/2012/05/philippines-abu-sayyaf-reduces-sets.html
In the Philippines, Abu Sayyaf Jihadist terrorists are running out of money and the war-weary residents of the island of Mindanao (which Abu Sayyaf is trying to seize to impose Shariah) aren’t supporting them, so, according to a Philippine Air Force General, the terrorists are once again turning to kidnapping and hostage taking to raise [...]
The report below is cause for concern. Philippine officials have fallen into the trap of dealing with the Islamic Development Bank (IDB) based out of Saudi Arabia. IDB is a gargantuan institution dominated by Saudi Arabia and based out of Jeddah, which is the most important non-holy city in that country, much more important than [...]
The Jihad being waged by Jihadist insurgents on the island of Mindanao has scared away foreign investors. For instance, a group of Singaporean businessmen was supposed to scout Mindanao for possible suppliers of various agricultural products but violence involving the Moro Islamic Liberation Front (MILF) apparently caused them to cancel their trip. http://globalnation.inquirer.net/17287/fighting-in-mindanao-scares-off-foreign-investors
Correcting The New Misinformation on Islamic Charities Funding Jihadist Terrorism
The Guardian in the UK has come out with an article (“Counterterrorism laws taking their toll on humanitarian action”) critical of US counterterrorism efforts that are designed to prevent the funneling of money to Jihadist terrorist groups, especially in Gaza and Somalia, two hotbeds of Jihadist terrorist activity. When ever we see misguided and ignorant [...]
Wikileaks: Private Saudi Donations Fund Jihad in Philippines
US diplomats openly acknowledged in the secret cables leaked by Wikileaks the role Saudi Arabia was playing in funding the Islamic groups in the Philippines and declared that it must be stopped. This is a common theme around the world. Saudis fund Jihad with “private” donations (often from members of the royal family) while the [...]
The US State Department has tagged “remittances from overseas Filipino workers,” or OFWs, as a possible external funding source of the terrorist Abu Sayyaf Group (ASG), along with Middle East-based extremist groups. Abu Sayyaf Group had previously appealed for funds and recruits on You Tube by featuring a video of its late leaders Abdurajak and [...]
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