Pakistan terror groups thriving on crime, money laundering: Report

March 26, 2017

A new government report obtained by the Pakistani media has revealed that the major source of funding for terror and extremist groups in the country is crime including extortion, smuggling and kidnapping for ransom.

The report by the Financial Monitoring Unit (FMU) in Pakistan titled “National Risk Assessment on Money Laundering and Terrorism Financing 2017” reportedly details how terror groups generate funds through criminal activities.