ADVT:

  Home   Astrology   Business   Indiafocus   Lifestyle   Movies   News   Parenting   Online Exam   Sports   Travel

News HomeWorldAsia
Taliban using kidnappings for as a sources of fina
Monday, September 08, 2008 11:25 [IST]
New York: Taliban, known to trade in poppy to finance their militant activities in Afghanistan and elsewhere, have now found another lucrative source of income - kidnapping.

Such crimes used to be rare and the perpetrators were usually common thugs who stuck close to Kabul. But Newsweek says that has changed in the last couple of years, as the Taliban learned the profitability of abducting foreigners and Afghan businessmen rather than killing them.

Since then, kidnapping has become one of the guerrillas main revenue sources, second only to facilitating and protecting the country's USD 4 billion-a-year narcotics trade.

If only reported ransoms paid are added in some of the highest-profile kidnappings of the past two years, the total comes to more than USD 10 million a year, the news magazine says, cautioning that s a "deceptively conservative" estimate.

Most abductions and payments are never publicised.

The windfall, says the magazine, has helped the Taliban to come back strong from near defeat and the threat of kidnapping has made travel all but impossible in much of the country, crippling reconstruction efforts.

The report says that hostage negotiations routinely start with the insurgents demanding a prisoner release as Taliban commanders seem embarrassed to talk about ransoms. But the talks always come down to money.

Among other things, cash can bribe underpaid prison guards or finance a breakout, like the one in Kandahar this June where at least 350 captured Taliban escaped.
Source : PTI

Add To

digg.com

del.icio.us

stumbleupon.com

My Yahoo

reditt.com

newsvine.com

fark.com
 Post Your Feedback   
Name
Email ID
Comments
 Other Features
News today
Screen Sever
Gallery
WallPaper
Print this page
Mail this page
Archives


  
More News
Dalai Lama doesn't want to...
Mumbaikars don't about security
Sikh groups seek justice for...
India to promote tourism in...
Pak claims India supports...
Droopy Santa to get a facelift!
Twin blasts in Assam kill five
Twin blasts rocks Assam, five...
Shop till you drop... from home
Is it Democracy or Monocracy?
Terror, part of Paks state...
Omar not in Pak?
BREAKING NEWS: Shiv Sena...
Probe ordered into MP jailbreak
LeT getting stronger and...
Parliament stalled over...
Govt to hold meeting sugarcane...
Clinton wants to keep away from...
Suspected Maoists derail train
DTC launches low-floor buses on...
Lashkar threat to Goa film...