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Posts tagged as “Financing”

Four IS militants arrested in Peshawar raids

Report in Dawn, Nov 12th, 2023PESHAWAR: The Counter-Terrorism Department of the police has claimed to have arrested four militants of the self-proclaimed Islamic State (aka Daesh) group, who were involved in militancy and financing the globally-proscribed militant organisation. A statement issued by the Counter-Terrorism Department said that local and foreign currency was also recovered from the arrested men, who were held during raids conducted by a special team in the provincial capital on Friday. It…

BFIU issues directive to stop financial relations with Jama’atul Ansar Fil Hindal Sharqiya

report in Dhaka Tribune, Aug 23, 2023Bangladesh Financial Intelligence Unit (BFIU), a financial intelligence agency that works to prevent money laundering and terrorist financing, in a directive on Tuesday asked all to stop business and financial relations with the banned militant organization Jama’atul Ansar Fil Hindal Sharqiya. After the militant organization was banned by the government, the BFIU issued the directive, adding that any business relationship with this organization is ordered to stop or face…

KP police set up unit to probe terror financing through extortion money

report in Dawn, March 8th, 2023PESHAWAR: The Khyber Pakhtunkhwa police have established the Counter Terrorist Financing Unit (CTFU) to “reduce and investigate” the growing cases of extortion to finance terrorist activities. “Extortion is taking place at a huge scale. This was a low priority area. There was confusion on who would deal with it in the first place,” KP Inspector General of Police Akhtar Hayat Khan told Dawn about the initiative. A standing order issued…