Wednesday November 22, 2017
Home World Counter-Terro...

Counter-Terrorism Financing Summit 2016 in Indonesia pledges to cut sources of Terror Funding

73 Malaysian nationals have joined or attempted to join extremist groups in Syria and Iraq, and at least 19 have been killed

A picture from the summit Image source:
  • The Counter-Terrorism Financing (CTF) Summit was held from August 8- 11 August 2016
  • The summit was held in Bali, Indonesia and was co-hosted by Australia’s and Indonesia’s financial intelligence agency
  • Several countries have pledged to cooperate in strengthening intelligence efforts by cutting off funding sources of terrorists, even if they change their methods

Nusa Dua, Indonesia, August 14, 2016: The Counter-Terrorism Financing (CTF) Summit that was held from August 8 – 11 August 2016 brought together leaders and experts in counter-terrorism financing and financial intelligence from 26 nations to deliver the first Regional Risk Assessment on Terrorism Financing.

The summit was held in Bali, Indonesia and was co-hosted by AUSTRAC, Australia’s financial intelligence agency and its Indonesian counterpart financial intelligence unit Pusat Pelaporan Dan Analisis Transaksi Keuangan (PPATK). They co-led the research and development of the regional risk assessment, with contributions from the FIUs of Malaysia, the Philippines, Singapore and Thailand. With all the reports, they were successful in identifying and understanding the full extent of the threats posed by terrorism financing in the region of Southeast Asia and the Australian region.

With all the reports, they were successful in identifying and understanding the full extent of the threats posed by terrorism financing in the region of Southeast Asia and the Australian region. The four major financial risks to the region were identified as- self-funding from legitimate sources, at-risk non-profit organisations (NPO), fundraising through social media and crowdsourcing, and criminal activity. The risks were assessed in a 48-page document titled- the Terrorism Financing Regional Risk Assessment 2016 report that was published at the meeting.

Follow NewsGram on Twitter

When one path is disrupted, terrorists adapt and change their financing methods. Now, the use of stored value cards has increased. The cards can be loaded with cash or through any non-reportable electronic method and easily carried to another country. Cards can be reloaded remotely and anonymously by third parties, meaning that the face value of some cards can understate their value, said the Benar News report.

The report stated that Indonesia is at high-risk zone for each of the four sources. Malaysia for self-funding from legitimate sources and fundraising through social media; while Thailand is at high-risk for self-funding and also at-risk through non-profit organisations.

According to Benar News report, Indonesia faces a high threat of terrorism due to the involvement of Indonesians in the ongoing conflicts in Syria and Iraq, while the status of risk in Malaysia elevated because of threats posed by IS and foreign terrorists.

Follow NewsGram on Facebook

Bali summit agrees to stronger collaboration to combat terrorism financing Image Source:
Bali summit agrees to stronger collaboration to combat terrorism financing Image Source:

“Malaysia continues to be a transit country for recruits for terrorist groups active in other countries,” the report said. 73 Malaysian nationals have joined or attempted to join extremist groups in Syria and Iraq, and at least 19 have been killed, reported Benar News.

The primary method for a tactical, short-term purposes for small-scale attacks in Malaysia is self-funding. The report also stated that a terror group in Indonesia used legitimately sourced funds to finance military training.

Though Non-Profit Organizations (NPOs) in Thailand have diverted money to fund various groups in the country’s Deep South, the level of misuse of NPOs to fund terrorists is lower than expected across the region, stated the report.

Malaysia’s efforts to eradicate terror funding was praised. “in contrast to many regional countries, Malaysia has conducted a comprehensive risk assessment of the sector and has adopted target approaches to risk mitigation.”

Calling the online faction of terrorist funding largely opportunistic, the report states that terrorists are more likely to use it for communication to solicit and broadcast calls for funding rather than actually collecting funds through social media.

Criminal activities such as kidnapping for ransom, theft and robbery remain a key source for funding terrorist groups. The report stated, militants in Indonesia rely on the violent robbery to raise funds while in Thailand, they mainly depend on extortion to raise funds, though they also steal cars and smuggle oil to raise money.

Several countries have pledged to cooperate in strengthening intelligence efforts by cutting off funding sources of terrorists, even if they change their methods. They have outlined a roadmap to combat terrorism in the next Summit that is slated to be held in Malaysia, next year, in 2017.

– prepared by Ajay Krishna of NewsGram. Twitter: @ajkrish14


Next Story

Is Islamic inequality a conspiracy against the God?

Islam was conducted in a sense it was never meant to be

An eternal religion like Islam is always targeted for its preachings. Wikimedia Commons

Religion was the purest creation by humans to guide them to a better life, but it is clear that religion is being misused by many to create chaos and misery.

Islam, which is the World’s second largest religion, has become to symolize as the largest religion of devastation. A religion that believes that there is only ‘One God’ and that is their God, has now come to stand for turbulence and violence.

Historically too, Islam has always been linked with ‘terrorism’, but what gave rise to this scenario? The synopsis of this situation is not the right interpretation of ‘Quran’. The term ‘Jihad’ which literally means ‘to strive for the betterment of society’ has been deceitfully presented which leads to production of terrorists like Kasab (he quoted it in his letter to his family). The greed for 72 virgin women, which is just a story, makes them a ‘person of mass destruction. ‘ In the name of God, some ‘juvenile’ people choose the path which they are not familiar with.’

Islamic Terrorism
It is often stated that most of the ‘Terrorists’ are Muslims.Wikimedia Commons

A religion should always teach and preach about equality but Islam surely fails when it comes to their women. They are not so privileged as men are in an Islamic society. Why is it so? Does religion discriminate between two on the basis of gender? Why a Muslim man is taught to think about 72 virgin women but a Muslim woman is told to consider one man as her god? Why a man has a right to marry thrice but a woman is allowed to marry just once?

Islamic scholar Imam Tawhidi’s tweet raised a question on the fairness of the Islamic religion.

The disparity is not limited here. A woman who leaves her home, her parents, her career and even her surname; a woman who makes a home a home; a woman who sacrifices her everything for a man; is the one who is out thrown from her own home just by saying ‘Talaq, Talaq, Talaq’. Is a relation between a husband and wife established on these three words? Why only Muslim men favoured with such power?

Culture of Hijab
Women are meant to cover their full body in Islam. Wikimedia Commons

The word ḥijāb in the Quran refers not to women’s clothing, but rather a spatial partition or curtain. However, the preachers of Islam say that women should get all her parts covered by confidently stating that it is mandated in the Holy Quran. Yet another example of inequality on the basis of gender but the compelling truth is that these customs and thesis are created by the human itself and not Islam. This is how Islam is misused to spread fallacious beliefs among the people and making their life miserable.

Does Islam need to reform? Or do preachers of Islam need to introspect and reform?

– Sumit Buchasia of NewsGram. Twitter @sumit_buchasia

Next Story

Researchers found a new Drug to Reduce Alcohol Addiction in Teenagers

The drug is (+)-Naltrexone can reduce the drinking habit in teenagers.

A new drug can reduce Alcohol addiction in teenagers
A new drug can reduce Alcohol addiction in teenagers. Pixabay
  • Researchers have found a new drug that may eventually help to reduce alcohol addiction in adults who used to binge during their adolescent years.

A new drug found which can reduce Alcohol addiction in teenagers

“During our teen years, the brain is still in a relatively immature state. Binge drinking worsens this situation, as alcohol undermines the normal developmental processes that affect how our brain matures,” said lead author Jon Jacobsen, a Ph.D. student at the University of Adelaide, Australia.

“Therefore, when an adolescent who has been binge drinking becomes an adult, they’re often left with an immature brain, which assists in the development of alcohol dependence,” Jacobsen added.

For the study, published in the Journal Neuropharmacology, researchers observed that adolescent mice involved in binge drinking behavior developed an increased sensitivity to alcohol as adults and engaged in further binge drinking.

The researchers were able to prevent some of these detrimental behaviors observed in adulthood, by giving mice a drug that blocks a specific response from the immune system in the brain.

The drug is (+)-Naltrexone, known to block the immune receptor Toll-like receptor 4 (TLR4).

“This drug effectively switched off the impulse in mice to binge drink. The mice were given this drug still sought out alcohol, but their level of drinking was greatly reduced,” says senior author Professor Mark Hutchinson, Director of the ARC Centre of Excellence for Nanoscale BioPhotonics at the University of Adelaide.

“We’re excited by the finding that we can potentially block binge drinking in an adult after they have experienced such behavior during adolescence, by stopping the activation of the brain’s immune system. It’s the first time this has been shown and gives us hope that our work has implications for the eventual treatment of alcohol addiction in adults,” Hutchinson noted.(IANS)

Next Story

New York terror attack: 8 dead, suspect in custody (Third Lead)


New York, 1st November’2017: At least eight persons have been killed and 12 seriously injured in New York after a driver of a truck mowed down people on a cycle path in Lower Manhattan in US.

The attack happened on Tuesday, when the city was celebrating Halloween, one of the most festive days in the New York calendar.

The pavements were crowded with kids in costumes and there were still children trick-or-treating just yards away, the BBC reported.

The spot is also just yards away from Ground Zero, a site which reminds all New Yorkers of the 9/11 attack in 2001. It did not take police long to confirm that the city had once again been the target of terror.

Five of these victims were Argentine nationals, Efe news quoted a statement by the Ministry of Foreign Affairs in Buenos Aires as saying.

The 29-year-old man who emerged from the white pick-up truck was shot by a police officer and arrested.

The media named him as Sayfullo Habibullaevic Saipov, an Uzbek immigrant who came to the US in 2010 and settled in Florida, a CNN report said.

A note was found in the truck that referred to the Islamic State (IS), a law enforcement source told CBS News.

Around 3.05 p.m., Saipov drove a truck onto the West Side Highway bike path.

The truck entered near Houston Street. It was a rental from Home Depot, the home improvement chain said.

The driver continued down the path, hitting bicyclists and pedestrians.

Further down the path, the truck collided with a school bus at Chambers Street.

After the collision, the driver exited the truck with a pellet gun and a paintball gun. Witnesses said the suspect yelled “Allahu Akbar”, law enforcement sources told CNN.

A note found in the truck claimed the attack was carried out in the name of IS, a senior law enforcement official confirmed to CNN. The note was in English.

New York City Mayor Bill de Blasio said it was a “cowardly act of terror aimed at innocent civilians”.

de Blasio added: “We know that this action was intended to break our spirit. But we also know that New Yorkers are strong, New Yorkers are resilient and our spirit will never be moved by an act of violence and an act meant to intimidate us.”

US President Donald Trump tweeted: “My thoughts, condolences and prayers to the victims and families of the New York City terrorist attack. God and your country are with you!”

Former US President Barack Obama tweeted: “Michelle and I are thinking of the victims of today’s attack in NYC and everyone who keeps us safe. New Yorkers are as tough as they come.”

Indian Prime Minister Narendra Modi on Wednesday condemned the attack in a tweet: “Strongly condemn the terror attack in New York City. My thoughts are with the families of the deceased and prayers with those injured.”

British Prime Minister Theresa May said she was “appalled by the cowardly attack”. “My thoughts are with all affected,” she said.

“Together we will defeat the evil of terrorism” and the “UK stands with NYC”, Xinhua news agency quoted May as saying.

Five of the eight killed in the attack were identified as Argentine nationals, who were celebrating their 30th graduation anniversary at the Argentine Polytechnic School of Rosario, Efe news reported.

The statement released by the Argentine Ministry of Foreign Affairs, identified the five as Hernan Diego Mendoza, Diego Enrique Angelini, Alejandro Damian Pagnucco, Ariel Erlij and Hernan Ferruchi.

The New York authorities said that it was a lone wolf attack. It was not part of a wider conspiracy or plot, BBC reported. But this is an active crime scene at the moment. They are still trying to piece together precisely what happened.(IANS)