Courtesy Rach / Flickr
This article was originally published by War is Boring on 19 August 2016.
Daesh loots ancient sites for profit — and the stolen artifacts wind up on the collector’s market
The Islamic State makes millions of dollars selling looted artifacts on the black market. A few years ago, the world watched in horror as Daesh uploaded videos of its followers destroying antiquities in the name of its ultra-puritanical ideology.
The militants have since wised up. Daesh realized it could both rid itself of the influence of pre-Islamic culture and fund its caliphate at the same time. Black market trade in archaeological artifacts has become quite the industry for the terror group.
Documents seized by U.S. Army Delta Force commandos during the May raid which killed militant Abu Sayyaf Al Iraqi revealed that the group has “established an Antiquities Division with units dedicated to researching known archaeological sites, exploring new ones, and marketing antiquities,” a recent Government Accountability Office report stated.
Conflict Mineral Democratic Republic of the Congo, courtesy RSN_3230/flickr
This article was originally published by the Institute for Security Studies (ISS) on 2 March 2016.
Many resource-rich states across the globe have used revenues from mining to finance their development. In Africa, however, a lack of sufficiently robust or effectively enforced regulatory systems often means that states lose vast amounts to the illicit trade of natural resources.
In the Democratic Republic of Congo (DRC), the scourge of illegal resource acquisition and smuggling has been taking on a new dimension with terrorist groups becoming increasingly involved.
The Institute for Security Studies (ISS) is currently conducting a research project that tracks illicit financial flows related to resource extraction in the DRC.
Our studies have found that where multinationals were once the major players, terror groups are now increasingly joining the criminal networks that extort minerals from the eastern part of the country. This underscores the need for urgent and drastic measures to improve natural resource governance, both in the DRC and the broader region.
According to a 2009 report in African Business magazine, the total mineral wealth of the DRC is estimated to be about US$24 trillion: equal to the gross domestic product (GDP) of Europe and the United States combined. The country is home to the world’s largest reserves of cobalt, along with vast quantities of diamonds; so-called 3T minerals (tin, tungsten and coltan – which are mostly used in electronics such as laptops and mobile phones); gold; copper and others.