Archive for the ‘Video’ Category

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Business experts weigh in on ISIS’s organ sales

February 27, 2015

Black market organ sales and the financing of ISIS was the subject of a segment on last Saturday’s edition of the business news show “Bulls & Bears” on Fox News.  Among the more interesting points made during the discussion came from hedge fund manager Gary B. Smith, who suggested that ISIS’s financial swamp can be drained by following the model for prosecuting organized crime rings to include developing informants and flipping them to rat out the big bosses.  That would have been easier if Pres. Obama had tried to keep a residual force in Iraq to include human intelligence forces, but it’s still a valid prescription for tackling ISIS sleeper cells in the West.  Roll tape:

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Ted Talk: Hawala focus distracts from Gulf donors

February 17, 2015

Following 9/11 and the invasion of Afghanistan, concerns about the use of hawala in terror finance schemes led Coalition forces and the new Afghan government to refrain from paying Afghan troop wages through hawala, although no other formal banking or payroll system was available at the time. Dr. Edwina Thompson argues that the preoccupation with hawala also distracted Coalition partners from confronting the true source of terror finance:  Gulf donors.

Here’s Thompson’s recent TEDxClapham talk on the subject.  Pay particular attention to minutes 11-14.  But watch the whole video—it includes Thompson’s reflection on her own near abduction by militants while doing research in Jalalabad:

The point is well made. As Money Jihad has often said, hawala is not a source of financing terrorism, it is a method. We can regulate or eliminate methods, but determined sources of financing will find other ways of transferring value unless we stop those donors where they live.

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Boko Haram targets India for drug dealing income

January 16, 2015

The jihadist group Boko Haram killed up to 2,000 people in northeastern Nigeria last week. The operation would have cost Boko Haram a great deal of money in terms of arming and paying wages to their fighters. Boko Haram is known previously to have sustained itself through jizya, robberies, military depot raids, zakat from supporters, arms trafficking, and drug smuggling through West Africa.

But a new vector for Boko Haram’s drug racket may be emerging in India. Fugitive terrorist and underworld kingpin Dawood Ibrahim, who is currently being given safe haven in Pakistan, is facilitating Boko Haram’s entry into the illegal drug racket in South Asia according to news outlets there. Times Now reported last fall that the Pakistani spy agency ISI arranged for a meeting between Dawood’s brother, Anees Ibrahim, and Boko Haram leader Abubakar Shekau, which has already started yielding profits for Dawood’s “D-Gang” and Boko Haram. Roll tape:

Nigerian drug dealers are especially active in Goa and Mumbai.

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Expert: ISIS recruits not motivated by money

January 5, 2015

Russia Today recently interviewed terror finance expert Loretta Napoleoni about the business operations of the Islamic State of Iraq. During the conversation, Napoleoni made some comments that seemed to suggest that ISIS is primarily driven by business imperatives rather than ideology—that governing territory and running a bureaucracy create its own financial demands that consume more and more of the organization’s time. Interviewer Sophie Shevardnadze sought clarification, asking if isn’t the case that ISIS fighters are motivated by their genuine Islamist beliefs rather than profit motives. Napoleoni gave a good and wise answer (transcribed below).  Roll tape:

I think the people that are joining this organization today, they are not joining because they want to make money—we’re not talking about mercenaries here, at all—we’re actually talking about people that are lured into joining, who are seducted. We’re talking about true seduction… All of the sudden the message comes from the Islamic State and says, “Come and help us build the new state, come and help us implement the Muslim political utopia,” something that for generations and generations, for centuries the Muslims have tried to establish and they have always failed. So these people are not motivated by money, they are actually motivated by an ideology. But in order to get to this level the Islamic State had to build itself and they did it through finance.

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Video: halal food and its indirect funding of terror

October 10, 2014

Leading up to our 5-year anniversary, Money Jihad continues looking back at some of the more significant videos over the past few years.

CBN is one of the few media outlets to have ever investigated the disturbing and growing trend of halal food certification funding Muslim Brotherhood affiliates.  Check out their report from 2011 (which we also covered at the time):

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Look back: the true cost to wage terror

October 3, 2014

Leading up to Money Jihad’s fifth anniversary next week, we’re looking at some of the biggest terror finance stories and commentaries over the past five years.

Although we’ve written about Loretta Napoleoni and her views before, we’ve never shown her important “TED talk” from 2009. Napoleoni makes the valuable point that the amount of money taken to carry out a specific terrorist attack is only a sliver of the money that terrorist organizations need to build, recruit, train, and sustain their operations over time. So much money, in fact, that it becomes difficult to conceal and easier to interdict.

This video is longer than what we normally post, but it won’t bore you. Roll tape:

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Fracking lets us ditch Saudi oil to use our own

September 26, 2014

As part of the run-up to Money Jihad’s five-year anniversary, we’re looking back at five important videos from over the past several years about the financing of terrorism.

Last week we looked at money that has been pumped into the Gulf monarchies in oil royalties that they have turned around to use for terror for decades to placate their own Wahhabi domestic religious/political partners.  But what are we going to do about it? Drill our way out. U.S. energy independence from Arab oil, largely driven by technological innovation through hydraulic fracturing, may be the biggest strategic game-changer in the global balance of power since World War II.

From a Fox News interview last year with the Wall Street Journal’s Steve Moore and national security analyst KT McFarland:

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