Mumbai Terror Main Culprit Terrorist Finance.

The main culprits behind the Mumbai terrorism attack undoubtedly are those on its top who primarily FINANCE these attacks. It is they who remotely control and run these terrorists network and send orders to its cells that finally carry out the attacks. However these top terrorist bosses always remain far away from the scene not directly involved in the attack and most importantly they leave no concrete evidence of their financial transaction behind these terrorist attacks. In other words there remains no concrete record evidence, which proves it their money that financed that attack. So those culprits continue to remain evidently untraceable, un-connectable, no concrete money trail proofs to show thus out of the reach of the law!

It happens mainly because the world Governments so far have failed to install the available anticorruption/antiterrorism IT techniques or mechanisms that can absolutely keep the records of all such illicit money transactions (includes the money laundering the main source of the terrorist finance) along with the culprits biometric identity as its concrete evidence to prove it before the law. So the government law enforcement becomes mostly incapable of tracking down nabbing and convicting the culprits behind the terrorist finance. As a result such terror attacks continue mostly unabated specially in countries such as India.

Having said this, let me present the two extraordinary antiterrorism IT measures, which can mostly prevent the money laundering so the terrorist finance. The first one is; ‘to Make Biometric Identity Mandatory or Compulsory In All Bank Accounts’ I name it as; Mandatory Biometric Identity (MBID). The second one is to ‘conduct all money transaction above a given amount only by the electronic money transaction through ones bank to the others bank account named Mandatory Electronic Money Transaction (MEMT).

Among the two, the first “MBID in all bank account” is primarily important. It also very much feasible, more easier and less expensive compared to many other antiterrorism measures that exists or being proposed today. The MBID in banks policy (it includes buying of important security matters like credit cards, phones, weapons, drugs etc, in it) alone can significantly prevent the money laundering which is the main source of terrorist finance! If the MBID gets implemented first then the MEMT will inevitably follow sooner or latter. I have explained more in details on this terrorism subject in my post titles “Terrorist Strike Marriot” in http://i-opinion-about.blogspot.com/2008/10/terrorist-strike-marriot-it-to-root-out.html .

Above all terrorism today is a Global phenomenon. So much so when it comes to international Money Laundering and terrorist financing. Therefore It needs a united world effort to effectively tackle it down. The MBID and the MEMT can do it. What really needed is the “political will” to get it done.


Valerian Texeira
St.Joseph Nagar
Mangalore - 575002
India.
http://www.anticorruption-it.info