UN Security Council targeting ISIL funds

Resolution drafted by Russia targets funds generated from oil, antiquity sales and ransoms.

UN Security Council targeting ISIL funds
World Bulletin / News Desk
 
The UN Security Council unanimously adopted a resolution Thursday aimed at freezing the economic resources of ISIL

The resolution, drafted by Russia, demands countries ensure that no funds are made available by their nationals or by persons within their territory to the militant group. The financing targets include those generated from oil, antiquity sales and ransoms.

The resolution urged countries to take steps to ensure banks in their territory prevent ISIL from accessing the international financial system.

The unrest created by constant fighting and subsequent instability in Iraq and Syria paved the way for extremist movements such as ISIL to gain a foothold in the region.

The resolution also urged countries to bring to justice any person who participates in the financing of terrorist acts and to "ensure that such terrorist acts are established as serious criminal offenses in domestic law."

Last Mod: 13 Şubat 2015, 10:11
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