Countries urged to do more to stop terror financing

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Secretary-General Ban Ki-moon speaks to the Security Council. UN Photo/Manuel Elias

Countries around the world have been urged by the UN Secretary-General to take "more concrete steps" to prevent terrorist organisations from financing their operations.

Ban Ki-moon said the ISIL terrorist group which is active in Syria, Iraq and elsewhere has become adept at raising funds through what he called "nefarious activities."

Daniel Dickinson reports.

ISIL, also known as Daesh, has terrorised communities across the territory it has occupied in Syria and Iraq.

Its operations are costly and according to the UN chief, the international community needs to do more to cut off its funding.

"Member States need to take more concrete steps to stop fundraising through the smuggling of oil and gas, the illicit trade of cultural artefacts, kidnapping for ransom and donations from abroad."

Mr Ban also said that global and regional solutions need to be found to "curtail the ability to abuse and misuse the internet and social media to radicalize and recruit young people" into joining terrorist groups.

Daniel Dickinson, United Nations.

Duration: 50″

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