Ransom Payments to Al Qaeda in 2013

in Transnational Crime

An investigation by the New York Times found that Al Queada and its affiliates have taken at least $125 million in revenue from kidnapping for ransom since 2008. Roughly half, or $66 Million, was paid out in 2013.

The United States Treasury put the total at $165 million for the same period.

Since 2008, the following countries have paid Al Qaeda the following amounts (given in 2014 US dollars) for releasing kidnapped citizens:

  • France: $58.1 Million
  • Qatar and Oman: $20.4 Million
  • Switzerland: $12.4 Million
  • Spain: $11 Million
  • Austria: $3.2 Million
  • Undetermined Countries: $21.4 Million

Analysis conducted by the NY Times found that 15 percent of hostages that have been taken by Al Qaeda between 2008 and 2014 were executed or died in captivity.

Source: Rukmini Callimachi, “Paying Ransoms, Europe Bankrolls Qaeda Terror,” New York Times, July 29, 2014

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