BR100 Decreased By (-0.23%)
BR30 Decreased By (-0.01%)
KSE100 Decreased By (-0.19%)
KSE30 Decreased By (-0.24%)
AGHA 7.74 Increased By ▲ 0.05 (0.65%)
BECO 5.29 Decreased By ▼ -0.02 (-0.38%)
BML 60.01 Decreased By ▼ -1.22 (-1.99%)
BOP 36.46 Increased By ▲ 0.46 (1.28%)
CNERGY 11.94 Increased By ▲ 0.69 (6.13%)
CSIL 6.17 No Change ▼ 0.00 (0%)
FCCL 57.36 Increased By ▲ 0.48 (0.84%)
FFL 16.58 Increased By ▲ 0.07 (0.42%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.32 Decreased By ▼ -0.10 (-1.35%)
KOSM 6.05 No Change ▼ 0.00 (0%)
LOTCHEM 27.14 Decreased By ▼ -0.06 (-0.22%)
MLCF 102.07 Decreased By ▼ -1.02 (-0.99%)
NBP 206.35 Decreased By ▼ -1.28 (-0.62%)
NCPL 62.62 Increased By ▲ 0.70 (1.13%)
NPL 71.98 Decreased By ▼ -0.20 (-0.28%)
OGDC 319.19 Increased By ▲ 0.70 (0.22%)
PACE 11.38 Increased By ▲ 0.32 (2.89%)
PAEL 43.88 Decreased By ▼ -0.50 (-1.13%)
PIBTL 16.84 Decreased By ▼ -0.06 (-0.36%)
PPL 221.55 Decreased By ▼ -0.93 (-0.42%)
PRL 63.75 Decreased By ▼ -0.06 (-0.09%)
PTC 72.41 Decreased By ▼ -0.75 (-1.03%)
SSGC 27.28 Increased By ▲ 0.03 (0.11%)
TBL 9.86 Decreased By ▼ -0.02 (-0.2%)
TELE 8.62 Decreased By ▼ -0.19 (-2.16%)
TPL 20.68 Increased By ▲ 0.34 (1.67%)
TPLP 14.98 Increased By ▲ 0.01 (0.07%)
TREET 24.10 No Change ▼ 0.00 (0%)
TRG 63.29 Increased By ▲ 0.92 (1.48%)
World

American, Britons jails over pirate cash

MOGADISHU : A Somali court has jailed six foreigners including three Britons and an American for illegally carrying m
Published Updated

tuu

MOGADISHU: A Somali court has jailed six foreigners including three Britons and an American for illegally carrying millions of dollars into the country to pay ransoms for the release of vessels held by pirates.

Authorities in the Horn of Africa country, where a lack of effective central government has allowed piracy to boom off its shores, seized two aircraft carrying $3.6 million in the capital Mogadishu late last month.

"We sentenced the two pilots, who are American and British nationals, to fifteen years imprisonment and a $15,000 fine each," the Mogadishu court's judge Hashi Elmi told Reuters late on Saturday.

The charges were illegally bringing money into the country, carrying cash intended to pay ransoms and landing in Mogadishu without the correct papers.

The four others, among them two Kenyans, were handed ten years jail terms and fines of $10,000 each, Elmi said. The cash and two aircraft were now the property of Somalia's government, he added.

Maritime piracy costs the global economy up to $12 billion annually and has spawned numerous private security businesses offering armed protection for vessels and conducting ransom drops.

Cash ransoms are usually dropped onto captured vessels from light aircraft.

It was the first time Westerners have been sentenced for involvement in ransom payments. Elmi said the six might be able to buy their freedom.

"The men can appeal and if they ask to pay more instead of remaining prison then we shall see and take our decision," Elmi said.

COPYRIGHT REUTERS, 2011

 

Comments

Comments are closed for this article.