2009 Sulu Kidnapping Crisis - Funding

Funding

The group obtains most of its financing through ransom and extortion. One report estimated its revenues from ransom payments in 2000 alone between $10 and $25 million. According to the State Department, it may also receive funding from radical Islamic benefactors in the Middle East and South Asia.

It was reported that Libya facilitated ransom payments to Abu Sayyaf. Libya was also suggested that Libyan money could possibly be channeled to Abu Sayyaf.

Russian intelligence agencies connected with Victor Bout's planes have reportedly provided Abu Sayyaf with arms.

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