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How do Terrorists Finance their Operations and Supply their Funds?
Finance and movement of funds are crucial to any terrorist organisation. Regular sources of finance are as important as ideology and the ready supply of recruits. The Former US Secretary of State Colin Powell had rightly asserted that “money is the oxygen of terrorism”. This paper examines the sources of financing terrorism, movement of terror funds and finally, evaluates the effectiveness of the global Anti-Money Laundering/Countering Terror Finance (AML/CTF) regime. Click here to read full paper