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Sweden Admits Up to $1,2 Mln Goes to Terrorists Annually

© Flickr / Håkan DahlströmSwedish police
Swedish police - Sputnik International
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Swedish officials admitted that large sums of money leave the country annually as financial aid to various terrorist organizations.

Swedish police officers patrol at a subway station in Stockholm on December 14, 2010 - Sputnik International
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According to an official report presented by a number of Swedish agencies, an equivalent to $120,000 to $1,200,000 in national currency annually goes to finance international terrorism outside the country.

The same report also introduced data on the improved performance of Swedish police and other bodies fighting money-laundering and overall enhanced cross-department cooperation.

Earlier this year Nordea bank managed to identify and impede one such transaction. However, the bank refused to unveil the details of the incident.

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