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26 Oct, 2010 11:47

Cashflow to Caucasus terror cells killed

Russia’s anti-terrorist committee has confirmed to RT that it has busted a foreign financial network used to supply money to militants in the North Caucasus.

Officials say funding from abroad enabled the recent surge of terror attacks in the region, namely in Chechnya, Dagestan and Ingushetia.

The money was brought to Russia by ‘mules’, but the security forces are withholding the names of the countries they came from and the exact sums involved.

Officials say a whole terror financing network has been uncovered and an investigation is underway to reveal exactly who is financing terrorism in the Caucasus.

The network involved dummy corporations and banks. The money was handed over to militant leaders, like Doku Umarov, who is on the international most wanted list and is believed to have masterminded the Moscow Metro bombings in March, which claimed over 40 lives and left over 100 people injured.

The militant leaders are believed to have used some of the money to fund terror acts and kept a larger sum for themselves.

The secret services say it is likely that foreign funding of terrorism in Russia is still going on, despite the recent sting, and they continue to hunt for those responsible.