Between January and June 2013, security officials in Algeria seized 78 tons of cannabis resin in the country. The amount…
According to the Ministry of Energy and Mines, around 1.5 billion liters of fuel is smuggled out of Algeria each…
According to the United States Treasury Department, the average kidnap for ransom payment to Al Qaeda in the Islamic Maghreb…
Islamist Militants are believed to have earned $120 Million between 2002 and 2012, according to a United States Treasury Official. Al Qaeda in the Islamic Maghreb (AQIM) alone is estimated to have made tens of millions of dollars in ransom payments.
Al-Qaeda in the Islamic Maghreb, or AQIM, is credited with kidnapping over 50 Europeans and Canadians and holding them for ransom between 2003 and 2011. The kidnappings for ransom is estimated to have generated the group around $130 Million.
Kidnapping for ransom by the Al-Qaeda in the Islamic Maghreb, an Algerian based off-shoot of Al-Qaeda, generated $80 Million between 2008 and 2011, according to a military official. Some ransoms for kidnapped hostages were reported to be as high as $2 million.