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Okeil: Terrorist groups and illicit funds generated by human trafficking and drugs

Okeil: Terrorist groups and illicit funds generated by human trafficking and drugs

Maat for Peace, Development, and Human Rights held today, September 17, 2019 a seminar entitled “Terrorism: Twist Versus Confrontation” at the headquarters of the Human Rights Council in Geneva, during the 42nd session.

Ayman Okeil stressed that terrorist groups have relied on new patterns of performance in terms of organization, and are using digital technology to recruit young people.

He pointed out that terrorist groups rely on oil revenues, ransom payments, thefts and drug and human trafficking as sources of financing, as well as donations from some wealthy people and support from countries such as Iran and Qatar.

Okeil added that terrorist groups have relied on Bitcoin, a virtual currency, as an alternative to paper currency since September 11. Bitcoin is a virtual currency used on the Internet and is not controlled by any authority or central banks.

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