Studie zu Piratenangriffen 2013
Tracking the illicit financial flows from pirate activities off the Horn of Africa
It is estimated that US$339 million to US$413 million was claimed in ransoms between April 2005 and December 2012 for pirate acts off the Horn of Africa. Twenty-first century piracy in this region has developed as a violent criminal act, which not only affects the victims but also has an impact on the region and the global economy. This study on tracking the financial flows from proceeds of piracy attempts to follow what happens to the ransom monies. Figure ES.1 graphically summarizes this analysis of the flow of proceeds of piracy from the moment a ransom is paid.