Tag Archives: FINANCE

Omer Ozkizilcik: Fighting PKK finance most effective way to eradicate terrorism

In an interview on the PKK funding, Omer Ozkizilcik, a security expert at the SETA Institute in Turkey (a think tank close to the AKP and Recep Tayyip Erdogan), stated that the PKK  its branches are financed  by extortion and drug smuggle. He considers the fight against financial resources as the most effective way to […]

Sean Hagan: Terrorist organizations are funded by money laundering

Given the importance of money laundering in countering the financing of terrorist groups such as ISIS, Boko Haram, the PKK, al-Shabab, the Taliban, etc., a senior IMF official spoke about the consequences of money laundering and ways to fight it. In an interview, “The International Monetary Fund (IMF) legal adviser and director-general, Sean Hagan, said: […]

Geostratos: Drug is the financial source of PKK funding

In an article, Geostatratos website referred to different dimensions of PKK including tis financial side. “The PKK’s annual budget is millions of dollars, and its financial resources include organized extortion from Kurds living in Europe, the forced sale of publications, legal commercial activities, armed attacks for robery, and the imposition of revolutionary taxes,” it wrote. […]