Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Al-Qaeda groups reap $100m in ransoms

28 January 2014, 07:17

New York - The UN Security Council on Monday demanded that countries not pay terrorist ransoms which the British backers of the move said have reaped al-Qaeda and its allies more than $100m.

A resolution passed unanimously by the 15 member council calls on UN members "to prevent terrorists from benefiting directly or indirectly from ransom payments or from political concessions and to secure the safe release of hostages".

The resolution does not impose any punishments and is based on a statement agreed by the Group of Eight powers at a summit last year but has been several months in preparation at the UN. Several governments are suspected of having paid ransoms to militant groups in recent years.

Kidnap for ransom "has become the most significant terrorist financing challenge and remains a terrible threat to the nationals of all countries," said Britain's UN ambassador Mark Lyall Grant.

"While numbers vary, we estimate that in the last three and a half years, al Qaeda-affiliated and other Islamist extremist groups have collected at least $105m," he told reporters after the vote.

Lyall Grant said attacks such as the Amenas gas complex siege in Algeria one year ago highlighted "the lengths that terrorists will go to take hostages".

"It is therefore imperative that we take steps to ensure kidnap for ransom is no longer perceived as a lucrative business model."

The resolution also calls on governments to press businesses not to pay ransoms to terrorists. Britain has made it illegal to pay terrorist ransoms.

Lyall Grant acknowledged that the resolution did not carry any sanctions against countries found to have paid to release hostages, but he said: "It is the start of a process and obviously therefore there may be further steps, but let's see how this resolution works."


Tags un al-qaeda

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...