Sharp rise in suspected terror financing
Sweden’s banks are increasingly suspicious of terrorism financing, but despite reporting twice as many suspected cases to the police, no one has been found guilty of a crime.
The head of the police section for financial crimes says to Swedish Radio it is very hard to prove that a suspicious gathering of money is concretely linked to terrorism financing.
Banks and other financial institutions are reacting to certain indicators, says police chief Angelica Wallmark. These include noticing young people with no real income getting underway with different kinds of financing, including taking loans, getting various subsidies and committing fraud, at a level of intensity which triggers suspicions of terrorism.
The police’s report for 2015 says the number of cases has risen, but does not give exact figures. Angelical Wallmark says there is a clear link to the fact that in recent years more Swedes have travelled overseas to join groups that support violence.