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Africa Horn
Chasing the Somali piracy money trail
2009-10-29
Posted by:Alaska Paul

#2  There have been various reports that piracy in Somalia is attracting big-time criminals from all over the world; that it is being orchestrated from London; that the ship owners themselves are involved.

BBC reporting vague conspiracies because it doesn't have a real story. The pirates are paid in cash. No need to launder the money.
Posted by: phil_b   2009-10-29 20:24  

#1  Ã¢Â€Â¢ Community Activists/Ballot Collectors Maritime militia, pirates involved in actual hijacking - 30%

• Community Organizers Ground militia (armed groups who control the territory where the pirates are based) - 10%

• Ward Healers Local community (elders and local officials) - 10%

• Bag Man Financier - 20%

• Politician's Reelection Fund Sponsor - 30%

Looks about right. Just consider it stimulus money.
Posted by: Procopius2k   2009-10-29 17:47  

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