Taliban nets 650 million rupees from ransomsSeptember 27, 2013
In the last 18 months, the Taliban has received at least Rs 650 million (over 6 million USD), in ransoms for kidnapping businessmen in Islamabad and Rawalpindi, Pakistan. The International News speculates that the real figure is higher than official reports—probably billions of Pakistan rupees. Some of the captives’ families are able to pay the ransoms; some are not. Those who don’t are killed:
Over Rs650m paid to Taliban as ransom
Billions of rupees paid but not reported; police, agencies totally flopped
Wednesday, September 18, 2013
ISLAMABAD: Despite the payment of hundreds of millions from taxpayers’ money, not only the police but all the intelligence and law enforcement agencies have failed to trace extortion and kidnapping for ransom cases in the federal capital and Rawalpindi, being carried out by the Taliban.
Latest official documents show that some Rs650 million have been paid to the Taliban by the businessmen of the twin cities during the last 18 months alone. The billions of rupees paid have not been reported to the police and agencies, and the businessmen have dealt secretly with the Taliban to save their lives.
Documents available with The News reveal that in Rawalpindi and Islamabad alone, a list of 45 cases of kidnapping for ransom and extortion has been prepared in which Rs653 million have been paid to Taliban while billions have remained undiscovered…
The report submitted to the high-ups of the police, accompanied by the list of 45 cases since January 2012, states that at least four traders have been killed by the Taliban for not obeying their command to pay ransom and extortion money…
The Taliban is biding their time until U.S. troops leave Afghanistan. They’ve got plenty of money in the bank from schemes like this to coopt, bribe, or conquer Karzai. While asset freezes and sanctions against Al Qaeda have been somewhat useful, Western financial pressure on the Taliban has been ineffective for a decade.