The world has of late witnessed a dramatic surge in terrorist activity. This, evidenced by the rampant use of unorthodox means to coerce governments or people to refrain from or adopt certain patterns of behaviour. Needless here to go into the semantics of definitions of who is and who is not a terrorist or terrorist act, actions whose ultimate objective is achieving the objective laid above is here considered to be a terror action. To achieve their objectives, the terrorists, need to operate like normal citizens in the society because to build up their acts they need normal services rendered by society for lawful purposes to attain their objective. They need to feed, move, buy equipment, train etc. all of these require the use of funds and movement of the funds from one location to the other. Again here not going into how they raise the funds, we are interested in this article on how they move the funds. Cameroon has suffered and is still under serious terrorist activity with not many amenities to combat this ill from all angles as it should. The sphere of transfer of funds in the country though regulated is heavily shrouded by anarchy and almost daily new tactics in moving funds that elude any possible detection by authorities. These methods range from physical transportation of cash by individuals, through travel agency transfers, electronic transfers to transfer for commission, etc. We discover that, the ever-changing method of movement of funds in the country makes it difficult for tracking of terrorism related funds. This is exacerbated by endemic corruption and poverty that create fertile grounds for such fund movements.
Funds, terrorism, transfer, corruption
International Journal of Trend in Scientific Research and Development - IJTSRD having
online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International
Journal which provides rapid publication of your research articles and aims to promote
the theory and practice along with knowledge sharing between researchers, developers,
engineers, students, and practitioners working in and around the world in many areas
like Sciences, Technology, Innovation, Engineering, Agriculture, Management and
many more and it is recommended by all Universities, review articles and short communications
in all subjects. IJTSRD running an International Journal who are proving quality
publication of peer reviewed and refereed international journals from diverse fields
that emphasizes new research, development and their applications. IJTSRD provides
an online access to exchange your research work, technical notes & surveying results
among professionals throughout the world in e-journals. IJTSRD is a fastest growing
and dynamic professional organization. The aim of this organization is to provide
access not only to world class research resources, but through its professionals
aim to bring in a significant transformation in the real of open access journals
and online publishing.