A confidential Filipino government report has stated that Abu Sayyaf made at least 353 million pesos ($7.3 million) from ransom payments in the first half of 2016. The group is responsible for multiple abductions, some of which ended with likely ransom payments and others that led to the death of the hostage.
From Global News –
Abu Sayyaf received $7.3M in ransom from kidnappings: Philippine government
Abu Sayyaf pocketed at least 353 million pesos ($7.3 million) from ransom kidnappings in the first six months of the year and have turned to abductions of foreign tugboat crewmen as military offensives restricted the militants’ mobility, a confidential Philippine government report said.
Please click here to read more.
|Like what you read? Sign up here for our free Daily Updates.
We also send out a Weekly K+R Update, bundling together all the kidnap, ransom and extortion news of the week in one easy to read newsletter. (Same form – options at the end.)
Other ways to stay up to date: