Switzerland Refutes Funding Boko Haram With $12.4m  

Switzerland authorities on Monday, 4th August, 2014, refuted report of funding Boko-Haram sect to execute its deadly assault on Nigeria and its citizens.

It could be recalled that United States of America newspapers based On Sunday New York Times in its report stated that terrorists received $12.4 million from Switzerland.

However, in a statement issued by government of Switzerland to discredit the report stated that the Switzerland has refused to pay ransoms to terrorists because paying ransom to them will definitely fuel their activities. 

The Swiss government expressed dissatisfaction with increasing number of kidnapping and subsequent demands for ransom by Boko-Haram sect.

The statement reads,”The increasing number of kidnappings and subsequent demands for ransom by terrorist groups is a development that worries Switzerland a lot. This system, which is a squalid reduction of human life to the level of a mere commodity, important revenue for terrorist groups, and their payments are fuelling further kidnappings and put citizens of all states at higher risks.

“The most effective way to disrupt this pattern is to apply and promote a strict policy of no-ransom payments and no-political concessions, in line with the United Nations Security Council Resolution on Kidnapping for Ransom adopted in the beginning of this year.

“We need to improve international cooperation to prevent kidnappings. And when the kidnappings take place, we ensure better cooperation to save the hostages and to secure their release.

“As a member of the Global Counter-Terrorism Forum (GCTF), Switzerland strongly supported the efforts to adopt the Algiers Memorandum on Good Practices on Preventing and Denying the Benefits of Kidnapping for Ransom by Terrorists.

“The more the states are subscribing to a no-ransom and no political concessions policy, the higher the prevention effect will be: this is why Switzerland is actively promoting such a policy within the United Nations, the Global Counter-Terrorism Forum (GCTF) and other global fora.

“Kidnapping for Ransom is also one of the major topics on the agenda of the Swiss Chairmanship of the OSCE during 2014, and Switzerland is very committed advancing this issue internationally. “

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