Maldives officials hold talks to stop terrorism funding

Citing the?Indian Intelligence Bureau, Media Report says?the future of Islamic State?in?South Asia?could be in the Maldives, rather than Bangladesh. Photograph:( Others )

WION New Delhi Oct 05, 2016, 04.58 PM (IST) Umaima Rasheed Hussain

The Maldives National Counter Terrorism Centre (NCTC) and Maldives Monetary Authority (MMA) held talks aimed at stopping the financing of terrorism.

The discussion was held at the Ministry of Defence and National Security, and was headed by the Minister of Defence,  Adam Shareef Umar, and the Governor of MMA, Dr Azeema Adam.

The discussion was centered on possible collaborative measures that could be taken against financing terrorism, as well as money laundering.

The Maldives established the National Counter Terrorism Centre (NCTC) in order to combat the growing threat of radicalisation and extremism in the country.

Citing the Indian Intelligence Bureau, Media Report says that the future threat of Islamic State (IS) in South Asia could be from the Maldives, rather than from Bangladesh.

This intelligence report said, in addition to the people who have already joined to the terrorist group, IS may have as many as 500 sympathisers in the Maldives.

There are conflicting accounts of the IS presence in Bangladesh. Prime Minister Sheik Hasina has denied that IS has any presence in the country at all, and attributed the rash of high-profile killings that plagued the country this summer to a local offshoot of al-Qaeda.

But groups like Stratfor, a global intelligence company based in Austin, Texas, have issued reports stating that IS is focusing on expanding in Bangladesh.