Monitoring Financial Flows Key in Fight against Terrorism: Experts

The Jakarta Post

10 August 2016

A professor on international terrorism from Nanyang Technological University in Singapore, Rohan Gunaratna, said monitoring terrorists’ financial activities was the key to a successful fight against terrorism.

“Finance intelligence is a very powerful tool in the fight against terrorism because money is the life blood of terrorists,” he said on Tuesday.

Citing an example, Gunaratna said a terrorist leader was found to have sent 22 payments totaling Rp 1.8 billion (US$137,247.48) from Turkey through Western Union to Indonesia. For the Thamrin attacks in January this year, at least Rp 70 million had also been sent from Turkey to Indonesia, he went on.

Gunaratna said terrorism was a regional challenge because Indonesia and other countries in the region, such as Malaysia, Singapore and the Philippines, were currently struggling to combat terror threats.

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Last updated on 10/08/2016