File Photo of Al Qaeda leaders. – Reuters

WASHINGTON: Pressured by scrutiny of terrorist money sources and strikes aimed at its financiers, Al Qaeda in Pakistan has turned to kidnapping for ransom to offset dwindling cash reserves, according to US officials and information  retrieved from Osama bin Laden’s Abbottabad compound .

“There are clearly times for them when money is tight,” said Rep. C.A. Dutch Ruppersberger of Maryland, the top Democrat on the House Intelligence Committee. “We’ve seen that their donors have been less dependable and we’re seeing them turning more to kidnapping as a way of keeping the money coming in.”

Experts from the CIA’s National Counter-terrorism Centre, the Treasury Department and the FBI and military hope to identify important Al Qaeda donors, especially wealthy Persian Gulf figures who dealt with Bin Laden dating to his work with Afghan fighters in the campaign against Soviet occupiers in ’80s.

The Treasury Department’s acting undersecretary for terrorism and financial intelligence, David Cohen, said: “Al Qaeda’s supporters ought to be wondering if their identities have been revealed.”—AP

Opinion

Editorial

Tribunals’ failure
Updated 19 Nov, 2024

Tribunals’ failure

With election tribunals having failed to fulfil their purpose, it isn't surprising that Pakistan has not been able to stabilise.
Balochistan MPC
19 Nov, 2024

Balochistan MPC

WHILE immediate threats to law and order must be confronted by security forces, the long-term solution to...
Firm tax measures
19 Nov, 2024

Firm tax measures

FINANCE Minister Muhammad Aurangzeb is ready to employ force to make everyone and every sector in Pakistan pay their...
When medicine fails
Updated 18 Nov, 2024

When medicine fails

Between now and 2050, medical experts expect antibiotic resistance to kill 40m people worldwide.
Nawaz on India
Updated 18 Nov, 2024

Nawaz on India

Nawaz Sharif’s hopes of better ties with India can only be realised when New Delhi responds to Pakistan positively.
State of abuse
18 Nov, 2024

State of abuse

The state must accept that crimes against children have become endemic in the country.