Sewall, who disclosed this in a transcript of her teleconference with Journalists from across Africa, said that such tracking had become important in reducing terrorist activities globally.
The U.S. official, who spoke on “Threats to Civilian Security in Africa’’, also said that her government was building an ‘’international ability’’ of many nations and organisations in fighting terror financing.
“It is part of President Obama’s commitment to increase transparency and accountability of how it conducts counterterrorism operations worldwide.
“In terms of tracking terror finance, this is an area that we’ve been working on for some time as part of our commitment to attacking global criminal networks.
“But, we’ve increased it significantly since Sept. 9, 2011, because we have recognised the importance of finance for sustaining global terror networks,’’ she said.
According to her, there is more to be done, because terrorists are very adaptive and are currently being aided by technology.
Sewall said that the U.S. government was always looking for where assets were hidden, as well as how finance was being laundered, with a view to bringing offenders to justices.
The Under Secretary said that although the government had made ‘’significant progress’’, it would continue to put in more efforts in supporting the global fight against terror financing.
‘’Terrorism financing is a key reason why civilians suffer and die throughout the world
‘‘And so it’s actually a very important, if often unrecognized, as part of civilian protection efforts,’’ she added.
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