August 11, 2016
More than US$763,000 (RM3.05mil) was transferred to fund terrorism in Indonesia between 2014 and last year, according to Indonesia’s financial intelligence agency. The report stated that given only small sums are required to stage a deadly attack, even modest amounts of funding from foreign terrorist groups pose a significant risk to the region’s security.
Financial Transaction Reports and Analysis Centre (PPATK) deputy chairman Agus Santoso said on Tuesday terrorists had many ways of financing their activities. “They can finance their activities independently by selling herbal food or books but then, they can shift to criminal acts, such as robbery or hacking. They can get funds in many ways, mixing illegal money with legal money,” Agus said.