Clinton vows to freeze pirate assets
April 15, 2009
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US Secretary of State Hillary Clinton has unveiled a four-point plan to fight piracy that calls for prosecution and freezing pirates’ assets.
The United States seeks to work with the international community to “explore ways to track and freeze pirate assets”, Clinton told reporters, adding Washington was determined to make sure “states take responsibility for prosecuting and imprisoning captured pirates.
Clinton dismissed suggestions that it would be difficult to track the ill-gotten gain of pirates operating out of Somalia, where state institutions collapsed in the last two decades.
Clinton said:
“We track and freeze and try to disrupt the assets of many stateless groups, including Islamist terrorists”
“We notice pirates are buying more and more sophisticated equipment … buying faster and more capable vessels,”
With the outlaws “clearly using ransom money for both their personal benefit and for piracy”, she added there are “ways to crack down on companies that do business with pirates”.
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