Publication

This paper examines the issue of rogue capital and the financing of terrorism. The author argues that using traditional and sophisticated techniques, terrorist and criminal groups have extended their reach beyond states to build multinational empires with pervasive, well-funded subsidiaries. The paper concludes that the exploitation of global financial systems by terrorists and criminals poses threats to international security that cannot be ignored, and that money laundering and manipulation are problems that know no boundaries and yet are within the means of states to resolve. Meeting these challenges head on must be part of an overall campaign plan if the global war on terrorism is to be won.