eBook - PDF

Pirate Trails

Name: Pirate Trails
ISBN: 9780821399637

Tracking the Illicit Financial Flows from Pirate Activities off the Horn of Africa

World Bank,

United Nations Office on Drugs and Crime,

Interpol,

English
PDF
Available on iOS & Android

eBook - PDF

Pirate Trails

Tracking the Illicit Financial Flows from Pirate Activities off the Horn of Africa

World Bank,

United Nations Office on Drugs and Crime,

Interpol,

About this book

It is estimated that US$339 million to US$413 million was claimed in ransoms between April 2005 and December 2012 for pirate acts off the Horn of Africa. Twenty-first century piracy in this region has developed as a violent criminal act, which not only affects the victims but also has an impact on the region and the global economy. Chapter two describes the context and audience for the study; explains the study's methodological framework, including information on what data sources were available; and identifies the challenges in undertaking the study. Chapter three provides background on the issues of pirate activities off the coast of Somalia and the Horn of Africa, and defines the problem of piracy and its origins. Section two then focuses on understanding the financial flows with respect to piracy activities. Chapter four looks at the ransoms paid to pirates, starting with negotiations of the ransoms and the volume of money involved. Then chapter five focuses on the distribution of proceeds from piracy to the various actors involved in supporting or carrying out pirate activities. Chapter six explores the ways in which proceeds are moved in and out of Somalia. Chapter seven looks at how the financiers invest their proceeds. Following this analysis, chapter eight focuses specifically on investment by piracy financiers in the khat business and real estate. In the final section three, chapter nine of the study concludes with suggested areas for policy and operational engagement within the region and beyond.

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Yes, you can access Pirate Trails by World Bank, United Nations Office on Drugs and Crime, Interpol in PDF and/or ePUB format, as well as other popular books in Business & International Business. We have over one million books available in our catalogue for you to explore.