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Where does pirate ransom money go?

Audio 05:12
Somali pirates stand at the dock during their sentencing at a court in the Kenyan coastal town of Mombasa
Somali pirates stand at the dock during their sentencing at a court in the Kenyan coastal town of Mombasa Reuters/Joseph Okanga

Somali pirates have taken up to 300 million euros in ransoms over the past seven years.The Pirate Trails report, published last week, tries to trace where the money goes and what it's spent on. The report, by the World Bank and UN Office on Drugs and Crime, says much of the cash is invested into further criminal activities. How do you go about tracing pirate ransom money? Clement Gorrisen, one of the report's researchers, explains.

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